1. I do not predict the movement of stocks based upon TA. I don't believe wave theory.
2. I know AIG is a cheap stock. Institutions will buy it when the market is turning up.
3. I know AIG is a big stock, so it's a day dream to ask for it to move up a lot in a short time.
4. I know AIG has some resistance and supports
5. I know the long call will not depreciate severely if AIG does not go up by 01/18/2008
6. I know I may be wrong in this bet, and AIG may goes down for whatever reason. If thats' case, 01/2008 $60 can be used to offset my loss a little bit
7. I believe there will be some January effects
8. Again, I believe I may be wrong, so I sold 01/2008 $60 call. Otherwise, I would just hold 01/2009 $50 call.
2. I know AIG is a cheap stock. Institutions will buy it when the market is turning up.
3. I know AIG is a big stock, so it's a day dream to ask for it to move up a lot in a short time.
4. I know AIG has some resistance and supports
5. I know the long call will not depreciate severely if AIG does not go up by 01/18/2008
6. I know I may be wrong in this bet, and AIG may goes down for whatever reason. If thats' case, 01/2008 $60 can be used to offset my loss a little bit
7. I believe there will be some January effects
8. Again, I believe I may be wrong, so I sold 01/2008 $60 call. Otherwise, I would just hold 01/2009 $50 call.