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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Nicole Bourgault who wrote (45823)8/15/2001 12:03:20 AM
From: ajtj99  Respond to of 56532
 
Nicole, I sold my QQQ Aug. 40 calls this AM at 1.70 (in at 1.10). I see the NDX topped out at 1672 today, a bit off my expectations of a high this week of 1675

The sell-off this afternoon was a bit more than I expected, but the rest of the day seemed to turn out as hoped.

It appears we may be up again tomorrow, and I'm thinking of getting some QQQ Aug. 41 puts if we go up after open. I'm not completely decided yet, as I have to look at the charts before I do anything.