Options Hunter - Recent Winners
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Chicago Mercantile Exchange [CME] May 280 calls 05/13/09 - 03/15/09 +4000% Dale Wheatley's Index Hunter service on Tuesday May 12th highlighed the strong weekly and daily MACD divergence on Chicago Mercantile Exchange [CME] - close on 5/12/09 at 258.48. Dale expected the stock to gain more than 10 - 20 points over the following 2 days. The May 280 calls looked attractively priced, despite expiration week. The May 280 calls opened on Wednesday May 13th at around $0.40 a contract. Thursday, CME closed at 284.37 after reaching a high of $297.18. Those $0.40 May 280 calls traded as high as $18. The chart below shows the weekly MACD divergence on [CME] and the last 2 days 30 minute price bars. |
That's a 4400% return in two days! |
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