Replies to post #532 on The Options Box (OBOX)

[Bernard Ng]

The puts are looking good, and if INDU 9600 and NDX 1155 can't hold, you will be rich almost instantly LOL

signed,
Bernard

[RCKS]

Updating current positions as I took profits in the AMAT and Index Puts:
ANQ SD SOLD @ 2.00 (.45 COST)
QAV RC SOLD @ 1.85 (1.00)
DJV RR SOLD @ 1.85 (1.25)
Tomorrow may give me profits in some of my other positions and if so I will close them.
The Wed the week before option expiration has been good for big movement for several months and tomorrow should be exciting again.
Good trading, steve

[RCKS]

Closed more positions this am. All though I missed the downdraft in QLGC that would have given me 1200 more in one case.
Closed:
QLC RI @ 3.30 (2.45 COST) traded for 4.50 5 mins later
QLC RH @ 1.05 (1.25) traded to 1.55 a few moments later
QLC RG @ .30 (.60) could of had .40
UML RW @ .10 (.40)

Will hold until late June looking for greater weakness in markets following the Max-Pain run these options:
UML SD 20 contracts @ 1.20 & 1.35
AAW SD 20 contracts @ .30

Good trading, steve