Sunday, October 24, 2010

yet another Chipotle update..

Had you made a play on Chipotle stock as I have been talking about you would have done quite well on friday.  Chipotle announced earnings Thursday after the markets closed and was soon up $8 dollars in after-hours trading.

On Friday the stock was up close to $26...or 15% for the day.  Had you bought shares or a call option you would have done quite well for the day.

I think that I will probably try using the same strategy again in January (buying a call a few weeks in advance of Chipotle's earnings report).  I'm hoping I can find another stock like this and am always up to suggestions.

2 comments:

  1. Glad to see you're using blogger more. More than me even. lolzerskates

    ReplyDelete