While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
DUST had a little pop today with the sell off in gold.
Instead of booking a small profit, I am going to suggest you Sell to Open (1) March 4th - $4.50 call for every 100 shares you bought.
The March 4th - $4.50 calls are quoted at? $.30 to $.45, with the last trade at $.40.
Try to sell them for $.40.?
These calls expire in four days.
