Damn! What a nice finish to the week with FedEx! Gotta LOVE trading Options!
At 2:15 I saw how quickly FedEx was moving and i decided to jump in on a few Calls real quick! I hardly EVER pick the same day Exp but decided to play a “Lotto” sort of speak.
I grabbed a few 230 9/11 Calls that were trading at $16 (0.16) each at 2:30. I bought them a few min later for $30 (0.30) each ($60 total).
I kept a close eye on it and didnt want to hold it for very long for obvious reasons.
I sold the two Contracts 35 min later for $156 (1.56) each and made a quick profit of $252.
Not a lot of profit for Options but not bad for 35 min worth of work.
If i would have waited just 15 more min, i could have sold them for $315 (3.15) each and would have made $570 total profit. (315 x 2) 630. 630-60= 570.
But im happy! Not complaining.
I just couldnt imagine NOT trading Options!!! Lol
Have a great weekend everyone!
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