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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Autumn Henry who wrote (27122)10/27/1997 3:46:00 PM
From: Kevin  Read Replies (2) | Respond to of 58727
 
>>>Closed. History today.<<<

Damn. I saw the 550 coming and I tried to sell my 850 puts, but couldn't get the trade executed. I only wanted to sell because I was afraid of a strong rebound tomorrow (my heart again). In fact, we will still be in a bearish trend unless the SPX breaks above 909 tomorrow.

Too bad I didn't close....the combined profit of that trade and my puts I traded earlier today would have erased 1/2 of my losses last month. And my losses last month were UGLY.

Gonna celebrate tonight!!!!