16 replies to this topic

[NAV]

Learn't these nasty gambling skills from you. Bought some Oct 725 OEX calls at 4 bucks. Not a big position. But risking 1% of my account. Pure gambling. I wanna experience the ecstasy of the OPEX payday that the cheif keeps talking about. Cheif, make some sacrifices for me

Edited by NAV, 15 October 2007 - 12:49 PM.

[endisnear]

[quote name='NAV' date='Oct 15 2007, 12:41 PM' post='321405']
Learn't these nasty gambling skills from you. Bought some Oct 725 OEX calls at 4 bucks. Not a big position. But risking 1% of my account. I wanna experience the ecstasy of the OPEX payday that the cheif keeps talking about. Cheif, make some sacrifices for me


Tea,
Are you still long those OEX puts?

[Drano]

If this is a typical OpEx week, they'll pay off tomorrow.

[NAV]

I see only two possibilies here. A sharp selloff of 250 more DOW points from here or a rally of 400 DOW points. Technically odds favor the downside. Tactically odds favor the upside. Which one ? I don't know.

Edited by NAV, 15 October 2007 - 12:56 PM.

[hiker]

120 min ES support t/l tested today...the one drawn from the 8/16 low....will it hold into the close?

[iloli way]

Tea, what's your spx chart target from now ? Thanks. goflow

[vitaminm]

Learn't these nasty gambling skills from you. Bought some Oct 725 OEX calls at 4 bucks. Not a big position. But risking 1% of my account. Pure gambling. I wanna experience the ecstasy of the OPEX payday that the cheif keeps talking about. Cheif, make some sacrifices for me

Nav,

Why not buy YM instead Oex call for nearly same price?(5call = 1ym)

5min buy ........R@14100

[dasein]

i would like to see what OI was closed out but I have between 35 and 40 spx as the target klh

[NAV]

Learn't these nasty gambling skills from you. Bought some Oct 725 OEX calls at 4 bucks. Not a big position. But risking 1% of my account. Pure gambling. I wanna experience the ecstasy of the OPEX payday that the cheif keeps talking about. Cheif, make some sacrifices for me

Nav,

Why not buy YM instead Oex call for nearly same price?(5call = 1ym)

Open ended risk with YM.

Contained risk with cheap calls with only "Sky" being the limit for profits.

[eminimee]

Tea, what's your spx chart target from now ? Thanks.

goflow

the ecstasy might be the other way..

..yes..still holding puts..but I've sold some today of the octobers ..still holding 120 octs and 50 nov's..both 730s



re. spx target....maybe 1520ish

If we get back over 724 oex I'll probably sell the rest



http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=16&i=p30316782351&a=106624082&r=2080.png