Wednesday, July 11, 2007

 

Buy - 1 GRMN Aug 70 Call @ 10.70

Bought this when it broke, what looked to me, intraday resistance at 79.40. It didn't stay above that for too long, but it did recover towards the end of the day.
Was debating whether to buy JOYG or GRMN, decided to go with GRMN for some reason. Let's see if that was a good decision :)

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Comments:
i like GRMN too!

well i made a rookie mistake and broke my own rule today (don't buy in the 1st hour of trading). i bought both ESV & TCK today and over pd for both. we'll see how this pans out.

j.M
 
Hi j.M,
Yes, options are usually priced higher at the opening. Hope your trades worked out for you.
Aj.
 
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