Friday, March 6, 2009

the COPPER topper! ~ *short* Freeport-McMoRan Copper & Gold Inc. (Public, NYSE:FCX)

FCXOF!!!

*MARCH 30 puts*

... $1.10 

copper has been on a run.  FCX jumped above $34 up 8%+ ... we think it's over. 

PUTS ON THE POP! 


UPDATE:  WINNNNER!!

$1.10 to 1.44 

... must take some profits.





p.s.  hmmmmm, ... GS $77.18 -4.54 (-5.56%)  *(GSOO)

2 comments:

maximus said...

BOTD -

What is the target price on FCX and puts?

Do I need to say how many times I kicked my butt for not entering RIG puts when they were at $1.35? Now watching them at $6.20 :) Oh, well...hard to get all the money ;)

maximus said...

BOTD -

Btw, nice notice on AZO. Did not enter any puts, but good to see the reverse. Timely catch :)