McMoran Rises 50% today

January 11th, 2010. Posted by ThetaTrader

01/11/209 – FREE CONTENT – $10 JAN10 strike options rise 3500% TODAY!

McMoran Natural Gas Exploration company rose 50% today on news of large find in the Gulf Mexico.  A friend of ours started a small position in MMR back in November by selling the 7.5 Put to purchase the 7.5/10.0 Bull Call spread. Read the rest of this entry »