Monday, May 21, 2012

CLOSING the $WFC OptionsAction trade - mike

20 july - with stock near 33.90 at noon im closing this one out as breakeven..no harm no foul.. will likely not have surfboarding goats with catchy music on the show tonight talking about this one either

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28jun - a month later , how are those "constant trade updates" from @cnbcoptions working out.. if you followed mike khouw into this trade you are at about 60% paper loss. still 3weeks to go to pull out a win.

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18may - on this weeks show, mike has a trade on WFC, here is the video clip video clip

Buy the July 33 call for .95

scott and dan do a good enough job of shooting the trade down. if anything i would do a call spread instead of an outright call purchase.

google docs spreadsheet for mikes trades: mikes trades

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