Wednesday, March 2, 2011

SUCCESS STORY

Jerry,

Success Story:

On Feb. 11th I purchased 4 contracts of the VIX April Call, with a $16 strike price at $3.90. I stopped out on Feb. 25th at $5.60. I had been moving my stop loss up as the VIX increased. That was a 43.5% gain.

On Jan. 26th I purchased 10 contracts of GLD March Call with a $129.00 Strike Price at 3.70. I sold on March 1 at $10.00. I had again been moving my stop loss up as the GLD went up. That was a 168% gain.

I have another GLD trade still working and I am over 200% on that trade. I will let you know where that trade ends up.

Thanks,

Dan

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