Thursday, September 15, 2011

Fast trading

Few stocks i am watching. I bought a couple of Dec30 straddles on RIMM since the stock is trading in range for two weeks. The options also become cheap because VIX is low. I am making money if the underlying stocks jumps or plunges more than $2.

MU and FFIV are two stocks with a powerful short term momentum but they show signs of fatigue. I am watching in case they give a "sell" signal.

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