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 Bill Davis, 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.
THC is trading around $14 per share as I write this. Based on this, I would like to suggest you sell calls against your position.
I am going to go out two weeks to the December 15th expiration date.
My suggestion is to Sell to Open (1) December 15th - $15.50 call for every 100 shares you own.
The December 15th - $15.50 calls can be sold for $0.30.
This alert applies only if you own shares in THC.