Real Money Trade (ebix)

Hitman26 · Mar 24, 2010

I bought 10 of the September 2010 15$ calls for 3$ per option on Ebix which is currently at 16.90 per share. I really like the risk/reward on such a volatile stock (which I really like).

03/24/2010 14:03:02 Bought 4 IFQ Sep 18 2010 15.0 Call @ 3 -1,203.00 ---
03/24/2010 13:52:42 Bought 1 IFQ Sep 18 2010 15.0 Call @ 3 -300.75 ---
03/24/2010 13:51:32 Bought 3 IFQ Sep 18 2010 15.0 Call @ 3 -902.25 ---
03/24/2010 13:46:38 Bought 2 IFQ Sep 18 2010 15.0 Call @ 3 -611.49

CaptainLee · Mar 29, 2010

Good luck to you

Hitman26 · May 9, 2010

Update:

Horrible trade so far. Right now I could get out with a 50% loss but I will just let it ride and probably lose it all. Earnings came out Friday and looked good but I'm the only one who seems to care.

Looks like another one for the L column

joelatti · May 9, 2010

Hitman....If the EU announces this package today which they will

You should get an UP Day to sell into

As I have a few hedgey friends who positions themseleves last week NET Shoprt

after doing very well Thurs and Fri, they did NOT cover

Expect more carnage after the euphoria wears off