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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: jjstingray who wrote (28524)2/8/2002 10:17:03 AM
From: ajtj99  Read Replies (2) of 99280
 
Just checking in now. I sold some QQQ March 37 calls at an average of 1.25 (a loss of $0.30) to stay hedged at even calls and puts at an average value of COMP 1810. The loss offset my gain on my sale of the Feb. puts last night.

I think we have to dump to find support, but I'm not sure where that support is. VIX sure is low again this AM. We don't consolidate above bottoms like this. We drop, then whoosh go up after the support is found.
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