BEFRIEND THE TREND Short-term Options Trading Thread Message Board

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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread

QQQ 617.17

-0.3%

Dec 1 4:00 PM EST

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To: TraderWithNoName who wrote (3394)	7/2/2002 10:07:04 PM
From: TraderWithNoName	Read Replies (1) of 4058

Comments: Congrats to "CG" on a brilliant trade in EXPE ! Daily and 60 min charts are oversold on just about everything. Might get some short covering going into the Holiday. Got out of the EXPE puts a bit early @ 10.5 (+3.4)-but it's down to the 200 day ema amd sma so it made sense. Took a shot on OEX July 475 puts when Stocs went overbought late in the day on 5 min chart(see OEX charts). OEXSTREET came out with a put rec at the same time,which gave me a bit more confidance. In @ 13.5 out at 14.60. Holding on to July 490 puts around 13.10. OEX & MAX home.attbi.com

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