Wednesday, September 12, 2007

Closed IGT Calls

Sold: IGT Oct 40 calls at $1.90 (Sept 12th, 8:25am PST)
Bought: IGT Oct 40 Calls at $1.10 (Sept 5th)
Stock upgraded today.

3 comments:

Anonymous said...

Can you explain quickly what a call is?

Payam said...

I can explain that but you are better off google the term "Stock option" or "Call option" you will get the def. in a page like this:
http://en.wikipedia.org/wiki/Call_option
basically options are also known as derevitives (i.e. The right of ownership) for a limited time. In short eduvate yourself and perhaps do not do options before you fully understand them.

Anonymous said...

Thanks!