Wednesday, July 18, 2012

EMC Breaking Out

EMC provided an early look at its earnings for next week and popped 10% today.  Earnings have been coming in strong, yes they are low-balled, but enough to create enough momentum to trade for now.  EMC Jan 13 30 Calls were up 130% from yesterday, we added 50% to our position yesterday before the report and picked up more shares outright...  Jan 12 24 Calls up over 200%.   Have limits in to catch the momentum up.

Happy Trading!!!

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