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Re: blasher post# 4670

Wednesday, 03/25/2009 1:46:22 PM

Wednesday, March 25, 2009 1:46:22 PM

Post# of 10364
FILLED IN . . . ...

Instead of Closing my existing Down position ...
I sold covered options against it
BECAUSE, the System has alerted me of a pending UP coming now.
So, I Sold Short some Put Options with further out of the money
Strike Price than the ones I own Long (28 vs 29).

SLD 2 QQQQ Option APR09 28 PUT QAVPB 0.48 NASDAQOM(USD) 13:44:01 EDT on Wed, 25 Mar 2009

We shall see.

SO, I now have a Short bias 1.5 to 1


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