Closed MS for a profit in 1 day

Posted by TheNightTrader on Thursday, October 23, 2008 at 12:50 PM

Today's Activity
Sold MS Jan 17.5P - 2 contracts for $7.00, a net profit of $68.20 (9.85%) in 1 day!

Updates
RIMM is really tempting me to leg out. It's sitting on the bottom Bollinger and I'm 50% profitable on the put. The problem is that with my work schedule right now I really don't have time to monitor anything. So I'll just have to wait it out if the stock doesn't continue with a drop again tomorrow.

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