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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (37369)	9/5/2012 12:49:40 PM
From: Wayners	Read Replies (1) \| Respond to of 222318

I looked ot UGL, pronounced Oogle! The Oct 78 or Oct 79 calls would be in my interest area but then when you look at the bid ask spread on the 79s it's 10.80 x 11.70. Not liquid enough for a stop loss order so that's a major risk. Also this would be where the ivolatility calculator helps price the things and put in a limit order somewhere in the spread and try to get a fill. It's better to play the tight spread stuff so you know you can get in and out fast.