I also bought one contract LNKD put for July 11 expiration at $75 today. LinkedIn is currently priced at $85 after today's 11% run up. I guess I'm willing to bet up to $300 that it won't stay at or above this price for more than 2 weeks. This is my first time trading options so I'm being cautious.
Tuesday, June 28, 2011
6/28 - Trades
Added another 100 NOK. Nokia is a stock I owned from before, and have some pretty heavy losses in as I bought just before they announced the partnership with Microsoft. Currently at 6.10, rebounding from recent lows of sub-6 I'm hoping they will continue to counter trend up. This is perhaps a trade more on the impulse side but we will see how it goes.
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