Wednesday, June 27, 2012

CLOSING the 6/27 Fast Money Trade of the Day - $RIMM - Dan

3july - obviously this long shot did not pan out and options expired worthless. again id say you dont have to trade everything.  but, he took a shot..low premium.. on to the next trade.

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dan has the trade of the day tonight, here is the clip RIMM clip , is quite specific that this is a lotto type trade but a low premium way to take a shot. i would file this under the "you dont have to trade everything" category.. might pay off big but would rather use that lotto money elsewhere. dan also had mentioned this trade on his website. Dans on-air trades in a google docs spreadsheet

Buy the June weekly 10 calls at .15

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