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larryfromidaho

10/12/09 11:06 AM

#60429 RE: JimQuinceH #60427

Thanks Jim. I bought the puts on Friday thinking we may have seen a short term high. Obviously I was wrong. Still have them. They are November's so I have a bit of time. But yes, underwater. Having difficulty seeing this market go a whole lot higher without some kind of breather but have some compensating longs. Very interesting market to say the least.
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Joe Stocks

10/12/09 11:08 AM

#60431 RE: JimQuinceH #60427

Jim, Nice trade you have going with those DIA calls.
You da man!!

Me, I am still on the tracks staring down a freight train.
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Joe Stocks

10/18/09 2:59 PM

#60650 RE: JimQuinceH #60427

>>I'm still long the DIA October 94 (strike) Call Options that I bought on October 2nd for $212 each, they are at about $535 each now. Since they expire this coming Friday, I'll sell them on Thursday. <<

Nice work!! Bravo..