Thursday, May 5, 2011

NTAP/AON Trade

Got into a CALL for NTAP trade at $4.90, price broke out and went sideways for next 2 weeks and since the rule is not hold a position more than 3 weeks. Closed it at $6.25 with profit.

Opened a call option on AON, few weeks of trading this stock was unable to make any movement and kept ranging. Macd indicator turned bearish so i decided to close before it hit my stop.

No comments: