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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: pinhi who wrote (55154)9/19/2002 12:56:14 PM
From: Voltaire  Read Replies (2) | Respond to of 65232
 
Hi p,

I am always writing CC's. Wrote 30 contracts on LLTC 22.50's and picked up $3,900 plus I'll pick up another 3000 or so if called. Wrote 30 more contracts on TYC $17.50's for $1.00. I have been trading and flipping LLTC, TYC, QQQ's for about four months now.

I sell on any reasonable Green buy on any reasonable Red.

HOUSES ARE TRADING THIS MARKET especially the Hedge Funds.

They simply tease the traders.

They should take this market back down in here until about 2 PM and then rally up until about 3:30 and then take it back down again finishing about 70 down for the day.

I simply play their stupid game. flipped, LLTC, BRCM, MSFT and TYC this morning. Bought back in on MSFT and LLTC and will flip them around 2:45 P.M..

good to hear from you.

V