Author
Topic: QQQXN
JLo
Member
Rate Member
posted 11-21-2005 11:57 PM
heading into strong xmas rally, oil$ down, cpi/ppi contained, do you still like puts ?
IP: Logged |
keithsan
Member
Member Rated :
posted 11-22-2005 07:20 AM
strong xmas rally after a strong november rally. IMO people to bullish... i bought those puts at .15 yesterday. just a few though. figuring compq could see 2250 or so before we head down and were close...
IP: Logged |
JLo
Member
Rate Member
posted 11-23-2005 01:50 AM
Actually I am hoping you are right, I have a few shorts myself. It wasn't by plan, though because it was part of a conversion. A little trimmed down xmas and a January slide would do well for me.
IP: Logged |
keithsan
Member
Member Rated :
posted 11-23-2005 07:12 AM
i just grabbed those at .15 since i didn't think they'd go much lower as the q's went up. broke 2250 that mark i was watching on a weekly, so it still has time to pull back. I wouldn't be surprised it the q's hit 43 though either good luck, enjoy the holiday.
IP: Logged |
JLo
Member
Rate Member
posted 11-29-2005 09:55 PM
Are we talking about another symbol ? QQQXS Dec 45 puts has been selling more than $3.
IP: Logged |
keithsan
Member
Member Rated :
posted 11-30-2005 10:58 AM
nope QQQXN .10 x .15 and QQQXQ now 1.75 x 1.80 S was to far up on the food chain for me.
IP: Logged |
JLo
Member
Rate Member
posted 11-30-2005 07:48 PM
didnt know how I missed that. QQQXQ now 180/185. You were a wizard in calling it. Nice touch. Are you taking some off the table ?
IP: Logged |
keithsan
Member
Member Rated :
posted 11-30-2005 10:20 PM
far from a wizard. none off yet. will be watching how friday goes guessing i'll hold thru tomorrow without a problem.
IP: Logged |
keithsan
Member
Member Rated :
posted 12-21-2005 07:58 AM
ended up closing these out +.15 others expired worthless, leaving me slightly green. Never got short on Monday which was the big down day. Still like short here looking for a spot.
IP: Logged |