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Thursday, October 29, 2009

My Option Trades: Buying DV for call

According to the charts that we examine with the AXIS TRADES trading instructor, base on the 10-year history of DV, it will goes up this week or next. And since  I have a little money left in my account in TD AmeriTrade, I bought call for DV last Friday October 23, 2009 strike 65.

The last two days that past showed that DV dived to $54 from $55. The 10-year history chart showed that buying calls for DV during this time is indeed the right thing to do. And because of this, I am still hoping that my Options Trade will still give me a little money.


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