Paper Trades For Today….
Considering the way the market is looking I have some paper trades I am putting on today.
MQGB97 Feb P Strike 26.00 - Opt Price about $4.00
Why MQG and why now? … its looking severely oversold and I believe we are in for a downturn soonish so this looks very promising for a nice ride down. Also considering my recent paper trade on this one going up makes me think… yeah… this company is a payer 
| NCMWG | 26/02/09 | P | 26.810 | OPT PRICE 4.055 |
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SO yeah why NCM?
Well NCM is also looking over sold and in for a downturn. I would get in now on paper and check this for a run. The only thing that could be detrimental to this thinking is if gold had a huge breakout as that would propel the price of this company upwards… I don’t think that is going to happen till early next year so I do believe in this one.
Lets see how they turn out.