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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Perspective who wrote (9365)11/19/2008 4:18:42 PM
From: skinowski  Read Replies (2) of 41547
 
Nibbled a little long near the close - SSO, a fraction above 22. If this is an evolving ED since mid-October, we may be very close to its completion (with a possible overshoot taking place). Also, CL between 50 and 55 should be in an area of strong support. Sold some Dec puts on DIG and USO. My previous sale of Nov puts is working out well. Nice to have the decrease in time value on my side - unless, of course, I'm totally wrong about the underlying... :)
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