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Re: scstocks post# 5302

Tuesday, 10/18/2011 5:22:08 PM

Tuesday, October 18, 2011 5:22:08 PM

Post# of 19856
SC,
Yes, SPY is an exact replica of the S&P500. Lots of volume. I use it for all of my market studies. I sold the calls today pretty much right at market top. Took a 150% profit on a one-day move. It was really dumb luck that the market got a good news reversal. But, I'll take dumb luck any day of the week.
MF4

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