Replies to post #367 on Volatility Arbitrage (ARB)

[dr_praeses]

QQQQ ~ bought 3 Jan 08 49c (2 were sh and 1 long now) @ 1.23

took 2(1.95-1.23)+1(2.03-1.95) = 1.30 total profit on the short calls

day limit for one more Jan 08 49c @ 1.1