Thursday, August 17, 2006

RMBS MACD GREEN Options Play Aggressive

Buy Aug 12.50 calls @ .10 Bad news has crushed this stock down from 45. New risk for the shorts heading into a weekend. My bet they cover in storm to push rmbs above 14 possibly 16 on some panic covering.... right as options expire tommorrow. Great risk reward. a 1500% to 3000% return in less than 26hours..
VEry high risk trade.. Although RMBS macd just went green at 3:07 as i type.