Thursday, January 7, 2010

Jan 6, 2010

I have been looking at opportunity at the financial sector. Should the economy pick up, I believe some of the beaten down stock could post good potential for high return. I have some Citigroup shares but I would not add more of that to my portfolio. I decided to buy a long term call. I bought Jan 5 Call (expiring Jan 2012) at $0.63. I am quite optimistic on this but will see how it goes.

Any comments?


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3 comments:

  1. OPTIONISTSJanuary 7, 2010 at 9:34 PM

    I forgot to mention that this if my first in buying call...ha..

    ReplyDelete
  2. AnonymousJanuary 16, 2010 at 9:27 PM

    Why not buying ETF for financial sector, eg XLF..

    ReplyDelete
  3. OPTIONISTSJanuary 18, 2010 at 8:36 PM

    I normally look at particular stocks. I am not familiar with ETFs but I would definitely look into this. Is that something you would recommend?

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