Wednesday, May 31, 2006

Bought Freeport McMoran Copper (FCX)

I bought back june 55 calls on FCX at 3.20, which is 10 cents lower than what I paid last time. I like commodities too much to not have any exposure in it. I'm still monitoring it day to day, because I am still not certain that we have seen the bottom.


Anonymous Anonymous said...

you ever trade canadian options?

Best plays currently?

2:26 PM  
Anonymous Market Rider said...

I used to trade canadian options with my etrade account. But since I switched to my Tradefreedom account, I only trade US options.

Don't have any good plays at the moment...if I had to guess, I would say that the market will be rangebound, with a bias towards lower prices.

7:01 PM  
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