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Bob-C

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Bob-C

Re: Parabelle post# 498

Friday, 07/20/2012 7:38:36 PM

Friday, July 20, 2012 7:38:36 PM

Post# of 6242
Hi backtowork, thanks for the link. :) I'm glad that you liked my trades and my charts-thanks. :) I sold out my options positions profitably and bought new QQQ put options close to the money. :)

I was aware of CMG but I wouldn't touch it. The put prices were ridiculously bloated charging almost $18 dollars for a put 10 points OTM and with a $1.00 spread with 1 day left to go on the weekly options! I stay clear of those type of stocks! :) :) I don't think that you would have wanted to pay those prices. :) The risk-to-reward ratio isn't worth it.

Good luck on all of your trades. :)

Have a great weekend. :)

Bob-C
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