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.
I would like to suggest that you sell another round of calls on THC.
My suggestion today is to Sell to Open (1) October 27th-$15 call for every 100 shares you own.
The October 27th-$15 call is quoted at $.35 to $.45 with the last sale at $.40.
Try and sell them for $.40. These are the calls that expire this Friday.
Only sell one call for every 100 shares you own.