Monday, June 11, 2012

CLOSING Options Action trade $HCA - scott

20 july - read what i wrote below.. if for some reason you followed scotts trade and didnt take some profits along the way after supreme court ruling... this spread is going for .55 this afternoon..so you had a good win initially and now a loss if you held.. since no updates from scott / cnbc on this i have to take it at .55 and a loss in the spreadsheet.


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29jun - and we have a winner, with stock at 31ish, spread is going for about 2.50 after big move from supreme court decision.. if you followed you should be taking some profits..the catalyst has come and gone..at least sell enough to get original capital back if you are going to try to milk the rest of it.

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11jun - on tonights options action trade, scott has a call spread for HCA, here is the video clip video clip  . cant really get too interested in a stock that has traded in a 2-3 dollar range for last 6 months, and have no clue on what will happen with obamacare. but i like scotts trade.. defines the risk at least

Buy the July 27/30 call spread for .90


all of scotts on-air trades in a google docs spreadsheet

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