Open: HON (Honeywell) Vulture Credit Spread + 5.20%

I pulled a VultureBoy special yesterday. I saw some huge spreads on the HON calls and entered a 60/62.5 May BRCS. I got a credit of .77 and am closing it for .68

So this returned 5% in 1 day!

MdrNate

This entry was written by Mr Nate and posted on Friday, April 11, 2008 and filed under Bookmark the permalink . Follow any comments here with the RSS feed for this post . Post a comment ( in a new window )  

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Mr Nate
27 year old real estate investor. I'm a veteran house flipper with over 200 deals flipped, wholesaled, assigned or otherwise acquired. I've been a long time friend and student of Mojo (www.insanemoney.com) and am following his blog and teachings about stocks. This will serve primarily as my trade journal and I'll also be adding video tutorials and helpful information for other stock traders.
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