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Re: None

Thursday, 11/09/2006 11:04:35 AM

Thursday, November 09, 2006 11:04:35 AM

Post# of 22203
Okay, new Play ---

I'm buying 10 Dec QQQQ $45 puts for a small quick play. That's about $2000.

Right now, they're $1.90. So, 10 would cost $1900 + $7.50 in commissions.

$45 strike - $1.90 = $43.10 basis. So, anything under $43 I start making money.

I'm buying the in the money puts because I don't like time decay. The Q's are sitting right at resistance that I don't think is going to be broken on this rally. I think my inverse head and shoulders is going to hold and play out.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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