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Sunday, February 28

What a rallying stock chart looks like

Capture

This stock is one crazy stock, rising 3X over the past 4 months.

United Airlines options players have netted 20X from their options bets. I believe some options players who invested $10000 worth of $15 March Calls when they were selling at only $0.15 are now millionaires. The rest of us can only stare with our mouth wide open.

No doubt this is a speculative play. If you are interested in more speculation, try MGM stock. $20 Jan 11 options are selling at a cheap price 50cts per contract. If MGM were to reach $25, you would make 10X. If MGM reaches $30 by then, you would net 20X. Not too bad.

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