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Re: leemalone2k3 post# 62454

Thursday, 11/11/2010 8:32:50 AM

Thursday, November 11, 2010 8:32:50 AM

Post# of 72979
I was lucky to catch the bottom of IWM, to buy Jan calls. Technically, I always watch TNA, which moves better but has lousy options. TNA made an obvious ABC down move with A=C.
Then I legged into the trade by selling (to open) progressively Nov standard monthly calls.
Average cost = 1.77 / tandem.
I could have done better if I were more patient with the selling.
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