SPDR S&P 500 (SPY): Hugh, That is why I never put stops f...

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2bit-nothing

Re: Hugh Jass post# 109230

Thursday, 08/19/2010 2:41:54 PM

Thursday, August 19, 2010 2:41:54 PM

Hugh,

That is why I never put stops for options. Just use the underlying pivot, s1, r1 as guide. I was a late comer today, for I waited till the Phil Fed no. got OEX Sept 485 Puts at 10.8 and sold them at 12.6.

good luck

2bit

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