quote:
APS new play announced tomorrow.
Since I began trading options more and more, I've stayed away from the penny market. My plan going forward is too only play the 1st day and try and get in early on the initial pop.
The only problem with that is you would have to know the stock before they actually release it to the public. They usually release it first thing in the morning or after the close of the previous day making it hard to get in the initial surge. After the market opens and the pump starts it is to hard to get a fill at the low price. I've started to just play what I can on sure movers and then play to short and wait for the dump.
I'm in INMS right now and it has been surging for a while now. Got in at $4.05 and still riding it.
If you want quick plays follow Cameron Fous on twitter or Facebook. He pretty much gives you the plays he is making.