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HIT - Buying when there's radiation in the streets
Picked up a few of the $45 strike, Oct 11 calls on Hitachi's ADR at $5.50.
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FYI, an update on the Short Screen iPad 2 contest: http://bit.ly/biWdlh
Those $45 strike, Oct 11 calls just traded at $8, up 45%.
Forbes -- Japanese stocks rebound sharply overnight: http://bit.ly/fNCJoV
Out of those Oct $45 calls at $9.50, for a gain of ~73%.
Good idea. It's a buyer's market in Japan for selected equities. As soon as I saw this post I wished I had done the same right after the drop. I also want to win an Ipad 2, sell it, and use the cash to invest in AAPL calls so I can buy four or five of them later on down the road HAHAHAAHA.