Oprah's been on so many diets, I would sell the news. I know a
guy who thinks he can't lose trading options because he has size.
He loved the Oprah story so much that he sold massive amounts of
premium at 25 to bring his cost basis down to 15 (so he could feel
like he didn't miss those 10 points). One of the worst 'hunch'
trades I've ever seen. Trade the chart; it's telling you Oprah
doesn't matter and that New Year's diet resolutions have already
faded like the market.
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Waiting on Oprah
WTW
Posted by dsadler on 25th of Jan 2016 at 05:07 pm
I own this at 13.5 and have a GTC order to double my holdings if it fills the gap to 8. Once Oprah loses 20 lbs. I expect WTW to trade at 25+.
Oprah's been on so many
Posted by a_l_ on 25th of Jan 2016 at 05:57 pm
Oprah's been on so many diets, I would sell the news. I know a guy who thinks he can't lose trading options because he has size. He loved the Oprah story so much that he sold massive amounts of premium at 25 to bring his cost basis down to 15 (so he could feel like he didn't miss those 10 points). One of the worst 'hunch' trades I've ever seen. Trade the chart; it's telling you Oprah doesn't matter and that New Year's diet resolutions have already faded like the market.