Big Call Buyers in SCCO

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Southern Copper             Corporation ( SCCO             ) is a company that produces copper             , zinc, and silver             . The company’s stock is currently trading around $32.45 in a 52 week range of $24.50-$40.48. The stock has greatly underperformed the market over the past year with share prices falling over 19% in the past 12 months. In recent months however, the stock has been relatively strong with shares gaining nearly 20% in the past 3 months. Options activity in SCCO             during today’s trading session suggests that this recent trend could continue. Earlier in the session a trader bought 9,750 SCCO             Sep 37 Calls for $0.95. This trade also represents volume over 7.7 times the average daily option volume in SCCO             . We believe that this order flow in SCCO             justifies a long position in SCCO             .
I was selling SCCO 22MAR14 35.0 Call at 0.20 and am still holding it. This was the better idea. It would have been the better idea as well to sell all your buying ideas of the past days. You never show your loosing deals in your advertising videos.
It would be better to do so as people learn better from failures than from success.
jason.simms1 motleifaul
I just started following Keene, his published holdings he took this long position on Sep 37 call for 0.55, today's value is 0.05 :-(. I dont like SCCO charts from any view, but I like that he does have published losses, open and closed.
motleifaul jason.simms1
I agree with you.
They don't get much prettier than this one!
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