Vince

BBY into Black Monday

Long
NYSE:BBY   Best Buy Co., Inc.
bby
So this is an Idea Dr. J threw out and said has not lost yet. I figured with the good earnings and the big sell off and considering track record would give a shot. I like the gap up and thus playing the Dec 35 calls into the November shopping run. With market a bit crazy there is risk here and key is to know risk up front at 2.37 per contract that is total risk but would not allow that to expire worthless unless we get huge market event to gap it over the current pricing. I have alarms set and will monitor trade Use longer term options...not volatility is a bit high

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