On 5/29/08, with the bullish trend and break up through resistance at 80 on JOYG, I bought a bull call (debit) spread VERTICAL JOYG JUN 08 75/85 CALL @ $5.05 debit.
Today with some resistance showing I got out for a profit, SOLD VERTICAL JOYG JUN 08 75/85 CALL @ $7.50 credit.
7.50-5.05/5.05= 48.5% ROI in 1 day! WOW!
Friday, May 30, 2008
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