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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Thursday, April 07, 2005

I have been buying VLO call options 2-3

months out. I am giving a target of $100 within 2-3 months. Very strong stock.

2 Comments:

Blogger beanie11111 said...

VLO could see a correct the next few days, possibly down to $70-72. If it gets there we will be adding calls.

Thu Apr 07, 07:14:00 PM EDT  
Blogger beanie11111 said...

Analysts last year forcasted VLO would make a little over $40 billion in revenues (from Yahoo finance). But last year alone, the company made $54 billion! VLO could make over $65 billion this year, imo.

It's no wonder the stock has been flyin high for almost a year now!

Thu Apr 07, 07:51:00 PM EDT  

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