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Teaparty-an assist, please?


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#1 thespookyone

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Posted 11 June 2007 - 09:07 AM

In my "perfect storm", I start loading my Q puts for July when the Q's top out here at 47.32. That is where I see "perfect symetry" in an overall Q top before a nasty correction. Your e-wave skills are far superior to mine, so I ask-is there any realistic chance I get exactly what I want? Spooky

#2 eminimee

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Posted 11 June 2007 - 09:14 AM

Always a chance..but I dont' think so. I'm trading off oex and I think we just topped before another big wave down

http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=5&dy=3&i=p68612109552&a=81733615&r=6240.png

Edited by Teaparty, 11 June 2007 - 09:13 AM.


#3 thespookyone

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Posted 11 June 2007 - 09:27 AM

Thx for the quick answer! Wading into some July 46's here at .60 Spooky

#4 rkd80

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Posted 11 June 2007 - 09:27 AM

Buying some 690 June Puts myself, 30 minute is giving a sell signal.

Always a chance..but I dont' think so. I'm trading off oex and I think we just topped before another big wave down

http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=5&dy=3&i=p68612109552&a=81733615&r=6240.png


“be right and sit tight”

#5 thespookyone

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Posted 11 June 2007 - 09:47 AM

Added July 45's at .39, as well.

#6 thespookyone

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Posted 11 June 2007 - 11:52 AM

Added July 46 Q puts at .54 and 45's at .34, will now wait to finish, just in case I get the "perfect storm"

#7 rkd80

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Posted 11 June 2007 - 11:56 AM

I actually did the same, but June. This thing better not stall out :blink:
“be right and sit tight”

#8 thespookyone

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Posted 11 June 2007 - 05:16 PM

I actually did the same, but June. This thing better not stall out :blink:


Risk taker that I am-I would NOT have done Junes. OEX week, and the fact that they will withdraw premium daily, in a serious fashion creates WAY too much risk in that trade. I think we are going down, but whether it is by Friday....isn't worth betting on.