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#1 NAV

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Posted 06 November 2007 - 03:47 PM

:P 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.

Edited by NAV, 06 November 2007 - 03:49 PM.

"It's not the knowing that is difficult, but the doing"

 

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#2 swingtrader

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Posted 06 November 2007 - 03:55 PM

:P 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.

Nice trade Nav!

A quick question: Is your OEX call option on futures? How bad is the spread there?

TIA.

-ST

#3 NAV

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Posted 06 November 2007 - 03:58 PM

:P 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.

Nice trade Nav!

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.

"It's not the knowing that is difficult, but the doing"

 

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#4 atlasshrugged

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Posted 06 November 2007 - 03:58 PM

:P 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 hiker

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Posted 06 November 2007 - 05:40 PM

nice trading, NAV..and appreciate your work here.

#6 NAV

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Posted 07 November 2007 - 01:48 AM

Ironcross, Hiker, Thanks.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV