VPRT Continues to climb
Well, I don’t know if I was lucky or good, but VPRT continued higher today. I liked the stop loss strategy I employed… I added a sell stop just below support like I explaned the other day, but I also added a trailing stop at 2 points. At this point, the trailing stop loss is even higher than the support level I picked out, so I’m fairly well assured a profit with this.
As of close, my option was up 60% in just 1 week, and my total account value up 6%.
Suzanne @ February 1, 2011