RIG is up strong today. My Nov 70 Options that 2 days ago were worth about 0.30 are now bid at 1.35 and offered at 1.39. Chart pattern looks good. Going to see where we go for a bit longer.
YHOO Dec 17 options bought at 0.50 are now worth 1.15 bid and 1.18 ask for over a 100% gain. Take profits now or let them run. Thinking about selling 1/2 my position and keeping the rest for a couple of days. But I just might keep them all for another day or two.
Selling F - Nov 16 options at 0.71 (0.71 bid , 0.72 ask). Bought these at 0.40 on Nov 4. Banking a 77% profit in 5 days. Note: Be careful with Ford, it may be nearing a short term peak. If you choose to stay in, you will need to watch it closely.
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