http://www.optionsropeadope.com/2008/03/31/mo-split-holy-shit/ Thoughts, Trades, and Instruction for Profiting from Options the Smart Way Sun, 05 Feb 2012 11:08:11 +0000 http://wordpress.org/?v=2.0.3 http://www.optionsropeadope.com/2008/03/31/mo-split-holy-shit/#comment-4 Wed, 09 Apr 2008 01:17:05 +0000 http://www.optionsropeadope.com/2008/03/31/mo-split-holy-shit/#comment-4 [...] In my last post on MO, I noted how stupid it was to open a trade, no matter how good the tip, if you don’t know jack about the underlying. To make a long story short, MO (Phillip Morris), which was a consistent high-margin winner for a very long time for many experienced traders, just happened (to me at least) to be splitting into two companies within a week of when I opened the trade. [...] […] In my last post on MO, I noted how stupid it was to open a trade, no matter how good the tip, if you don’t know jack about the underlying. To make a long story short, MO (Phillip Morris), which was a consistent high-margin winner for a very long time for many experienced traders, just happened (to me at least) to be splitting into two companies within a week of when I opened the trade. […]

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