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SHORT NDX - May 50 Put @ $0.97


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#1 TechMan

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Posted 15 April 2010 - 09:01 AM

Looking to add if price is right... More details later. Gotta run... Have a great trading day!

#2 punter

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Posted 15 April 2010 - 09:11 AM

Looking to add if price is right... More details later.

Gotta run... Have a great trading day!


think u might to cover

Keep Calm and be Long

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#3 TechMan

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Posted 15 April 2010 - 09:37 AM

Looking to add if price is right... More details later.

Gotta run... Have a great trading day!


Oh, and I raised the INTC stop to 24.41 due to Jim Crammer effect.

#4 TechMan

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Posted 15 April 2010 - 09:52 AM

Looking to add if price is right... More details later.

Gotta run... Have a great trading day!


Gosh this site's slow this morning... Anyways 0.89 order got filled. Now 20% in and avg 0.93

#5 IndexTrader

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Posted 15 April 2010 - 09:52 AM

FWIW, Cramer evidently thinks INTC can double:

http://www.thestreet...cm_ven=GOOGLEFI

#6 NAV

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Posted 15 April 2010 - 10:12 AM

Looking to add if price is right... More details later.

Gotta run... Have a great trading day!


Oh, and I raised the INTC stop to 24.41 due to Jim Crammer effect.


If you are using a 8% stop, then assuming you are not stopped out, and playing for even a bad risk/reward like 1:1, you would still need 20.50 on INTC. Tough trade. Good luck !

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#7 TechMan

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Posted 15 April 2010 - 12:46 PM

Looking to add if price is right... More details later.

Gotta run... Have a great trading day!


Gosh this site's slow this morning... Anyways 0.89 order got filled. Now 20% in and avg 0.93


Added 0.89. Now 40% in avg 0.91