2 replies to this topic

[Tor]

http://www.traders-t...showtopic=74212

Sure is a tough market.

I will stick with my short, but actually things are beginning to look rosy by my pencil. That said, my plan for now will be to simply close my shorts for a wonderful profit, and then maybe just hang around and see whats next.

[beta]

Absolutely -- this market volatility is AWESOME for options traders !! I've had my best trading week in 3+ years (up 520% in past 5 trading days). Dunno why everyone doesnt just swing trade options; with expanding trading ranges, OTM strikes are the BEST risk/reward here. Enjoy the waves ! (and watch out for the tsunami ...)

Edited by beta, 09 August 2007 - 04:56 PM.

[gm_general]

Yeah I thought why not buy QQQQ calls one day, then puts the next, then calls, ... the swings are like on a daily basis these days.