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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,304.80
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
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85.64
(
0.26%
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Bitcoin
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0.19%
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Bob-C

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Bob-C

Re: Bob-C post# 746

Thursday, 08/09/2012 11:16:07 PM

Thursday, August 09, 2012 11:16:07 PM

Post# of 6242
Futures ALERT: The MHoney Badger and Wisdom et al., the CME Globex INDU, SPX, and NDX futures contracts are currently down sharply. Although they may turn around by the open of trading on Friday be careful with any Calls or Puts that expire at the close of trading on Friday. I bought the 615 AAPL puts in addition to the 625 AAPL calls to create an AAPL "Strangle," one strike price OTM on eiher side. If AAPL heads down I'll close the calls and let the puts run. :) I remain open to buying puts for next week on both AAPL and/or the QQQs depending on how Friday's trading goes, up or down or a reversal near the close.

Best,

Bob-C
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