Thursday, April 10, 2008

TRADE CALL: Citibank PUTS, Sept

Yes it is 11:18 PM and I am doing a trade call. I think something is brewing at Citibank and I think the stock goes lower. I am going to buy these tomorrow morning.
Think here the $25 September puts might be nice to play here. I wont risk alot since I expect to hold these long. Good shot Citibank goes back to $19 and maybe $17 area before September, If and If so those options should be a almost a 300% gainer "IF" I am right.
We will see soon enough.

No comments: