Bought IWM puts here around 76.90 level. Any move above 77.50 will stop me out. Very risky trade...but taking it.
Shorting here...
Started by
NAV
, Aug 07 2007 01:14 PM
6 replies to this topic
#2
greenie
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Posted 07 August 2007 - 01:19 PM
Excellent trade !!
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#3
NAV
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Posted 07 August 2007 - 01:22 PM
Covered half here at 75.80 level for 55 cents profit (50% on the premium)
Edited by NAV, 07 August 2007 - 01:24 PM.
#4
vitaminm
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Posted 07 August 2007 - 01:45 PM
Nav,
Did your hourly TA give early sell warning on Es?
vitaminm
#5
NAV
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Posted 07 August 2007 - 01:49 PM
Nav,
Did your hourly TA give early sell warning on Es?
No this was a discretionary trade, not one from my system.
#6
NAV
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Posted 07 August 2007 - 02:00 PM
Covered the rest half at breakeven. Gotta love these Fed days. 
#7
ogm
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Posted 07 August 2007 - 02:07 PM
Excellent trade !!
High Five !
