Edited by NAV, 06 November 2007 - 03:49 PM.
It feels kinda lonely...
#1
Posted 06 November 2007 - 03:47 PM
#2
Posted 06 November 2007 - 03:55 PM
Nice trade Nav!Taking some more profits here around SPX 1517. That's about 27 points in 2 days. I will take it. I have another 25% position left, which i will dump tommorow around SPX 1525. The 700 OEX calls that i had bought for 9.8 yesterday went for 14.9 today.
Done for the day.
A quick question: Is your OEX call option on futures? How bad is the spread there?
TIA.
-ST
#3
Posted 06 November 2007 - 03:58 PM
Nice trade Nav!Taking some more profits here around SPX 1517. That's about 27 points in 2 days. I will take it. I have another 25% position left, which i will dump tommorow around SPX 1525. The 700 OEX calls that i had bought for 9.8 yesterday went for 14.9 today.
Done for the day.
A quick question: Is your OEX call option on futures? How bad is the spread there?
TIA.
-ST
No it's not options on futures. It's option on the OEX index. Spread is pretty bad for quick scalps. It does not matter much if you are swing trading though.
#4
Posted 06 November 2007 - 03:58 PM
Taking some more profits here around SPX 1517. That's about 27 points in 2 days. I will take it. I have another 25% position left, which i will dump tommorow around SPX 1525. The 700 OEX calls that i had bought for 9.8 yesterday went for 14.9 today.
Done for the day.
you are good! nice job
i am shorting into this rally
#5
Posted 06 November 2007 - 05:40 PM
#6
Posted 07 November 2007 - 01:48 AM