Jump to content



Photo

Long QID at 46.57


  • Please log in to reply
1 reply to this topic

#1 kaiser soze

kaiser soze

    Member

  • Traders-Talk User
  • 884 posts

Posted 01 August 2007 - 12:08 PM

End of message

#2 kaiser soze

kaiser soze

    Member

  • Traders-Talk User
  • 884 posts

Posted 01 August 2007 - 02:53 PM

Closed QID at 47.92. Went long QLD at 92.94. Exited at 93.25. This action in the last fifteen minutes looks more like a bonafide bottom. Long a small number of OEX 690 calls (weeklies expiring this Friday) to preserve upside. But they kill you with spreads there. I made 6 % today on my total trading capital. With QQQQ puts unloaded earlier, GS puts unloaded earlier and finally QID and QLD trades.