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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (20979)12/20/2002 1:51:06 PM
From: t2  Respond to of 30712
 
Thanks. I am going to give it a try but it really depends upon how the market is doing at the time....hoping for rally mode around 3pm....if it sells off ahead of time, then won't bother. Want to see the premium really dry up for the ITM qqq puts...26/27 before trying it...or might even give it a shot on the OTM 25s if I get a "gut feeling". However trading 25s would be very tricky, so i might avoid them.

All day it looks like a rally to HOD on the close; At this point, there is no indication of any selloff. For some reason, I want to go against it anyways. If Naz does not rally from the current levels within the next 1hour, i a looking for LOD close.