Monday, March 24, 2008

Capital One hell of a pop! ~ Capital One Financial Corp. (Public, NYSE:COF)

CAPITAL ONE popped to $57 ... up 7%+ in the AM ... talk about a PutsOnThePop-ortunity! (damn, that was gay ... no offense)

we were looking to buy (COFPL) under $8 

how about under $6 !!!! 

 Buy "puts" on the dip ... what a deal !

  ..... and (COFRL),  we got in under $8.

---> now this FINANCIAL "bull" rally can stop ... DOW 12,600? ha DOW 12,800? p.o.p.  .... the DOW loves 12,000.

p.s.   IYR jumped 2.5% ...  we added (IYRPR) for $3.50

 p.s.s. URBN hit a new 52-week high today, yes we are losing money, yes we added more puts today ;-)

p.s.s.s. BEAR LOGIC = NO POPS = NO GAINS ... (although this "bear" shit is gunna pain the DIPfolio if we don't get a dip soon)


BUY ON THE DIP said...

COF gets downgraded, hmmmmm, drops 5%!!!

Took some quick profit in our April puts!

Go team

Anonymous said...

Been reading you blog for a few days now. It got me to look at URBN. 34-35 P/E for a clothing company with a new 52 week high in this market. I thought you were right on, so I bought some Puts on the pop. Bought 10 URQRF @ 2 and one day later (today) sold Sold 10 URQPG @ 4.1.

Oh yeah! Love your blog.

Anonymous said...

Should have read..
Bought 10 URQPG @ 3
Sold 10 URQPG @ 4.1

30 something percent in one day. :0)

Anyway, I am happy :)
Keeping my 10 URQRF (June Urbn Puts)
and going for 100% on them.

BUY ON THE DIP said...

just saw this comment ... congrats!