And if you don't want to take the 13 points, because you want the $4 dividend, then sell some calls on this number, to bring in more premium before it goes ex. WYNN goes ex-dividend of $4 on Tuesday.
I know the stock hasn't really down ticked this week, but that's why I'm booking it here. For me, it was a short term trade!
And all this in the money calls will be out by $4 on Tuesday. That's why I'm hitting it here.
I think the pros will do the same.
After I mention it!
The longs have squeezed the fantasy shorters who don't want to pay the $4 juice.
And it's enough for me!
As advertised!
3 comments:
do you still hold MGM? and see it still climbing up?
i assume WYNN was just a short term short squeeze play
Yeh I'm a holder of MGM--and if youbuy stocks at the right prices, it seems that lucky things happen
You can see they are just squeezing WYNN here--the stock never even comes in--but I'm gone!
Heck what are they trying to do? Get the last drop of blood from the shorts?
Heck they already gave us longs a transfusion!
P, From your shipper's post, which of those do you prefer the most??? I remember you had mentioned PRGN in one of the posts a month or two back. Is that still your top choice or would you go with some ETF???
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