Replies to post #537 on The Options Box (OBOX)

[RCKS]

Sag the stop worked well. You may want to play the likely bounce tomorrow. It may not take us too far but they should attempt to bring us back towards Max-Pain a bit at least.
Good trading, steve

[bbgold]

Hi Sag,
We still might get a bounce tomorrow to sell your Calls into. Come on over to the MKTSS board and see what we are doing there. It is some interesting stuff if you are interested in learning how to read the markets direction and may help you out in determining whether to go Long or Short. Most of the trades are short term so you will rarely be left bagholding and you can usually profit from every big market move. It might help you to find out when to cover a Call position when the market is ready for another drop. We had the HOD today targeted for somewhere around 9800 on the Dow. Bernard and Steve are interested more in trading the QQQ Options so perhaps you will have some insights or experience that will help us learn about trading the QQQ Options? I primarily follow the DJX but would like to learn more about the QQQs also. Come on over and take a look. Sincerely, Bob :^)
http://www.investorshub.com/boards/board.asp?board_id=41
BTW, RAD 2.50 Call contracts look interesting now.


Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!