Hooray! ABAX delivered right on the money. The stock is trading at $47.47 and the $45 April call option sold for $2.70. That's a gain of $1.10 per option and $110 gain for every option contract (BTW options are traded in contracts of 100 shares each). About a 69% gain on your investment in options in less than 3 days, too! If you bought stock instead you are ahead about $2.25 per share.
Anyway ABAX has been an example of how to finance a full-time RV lifestyle on the road. Last month I invested in a smart phone with internet. Now I don't have to even be around my computer to trade. I can access my broker and charts from just about anywhere as long as I'm not in a dead spot. Very handy.Basically all one had to do to trade this was place your order to buy it. Then place your order for it to sell when the stock reached its 5% gain goal and voila! It sold automatically. A total time investment of probably 5 minutes. The rest of the time you can be doing other things.
Wednesday, March 13, 2013
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