Replies to post #2886 on DayTrading QQQ Swings (QQQ)

[Bob257]

Blalsher - I'm a novice but there is a trade called the 10 AM trade on days price gaps and runs. Today, I should have entered a limit order to go long at the high plus a couple of cents before 10 AM. On QLD that price was about 23.40. As I type this, price is 24.10 - a very nice gain. I did not take the trade but it seems to work pretty well under these circumstances.

Bob

[bobjack]

Good Mornin Blash, can you help me here??

Can you tell me what does TYPE - S or TYPE - NS mean for 2 options of same strike price, such as eev calls at 80 --

Dec 20 2008 Calls | 26 Days to Expiration
Symbol----------Bid------Ask----Type-----Last----Change---Vol---Op----Int-----Strike
+FEJLO------18.80-----21.20-----NS-----30.30_____0.00_____ 0-----51-----80
+EEVLP-----15.50-----16.00-----S-----17.80________-9.40-----7-----636-----80

TIA, bobjack