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To: steve susko who wrote (39736)4/30/1998 3:37:00 PM
From: Lee  Read Replies (1) | Respond to of 176388
 
Hi Steve,..***Off TOpic***

I've never traded bond futures, only options. On the 28th, I told Ike that I wanted to go long June 119 calls or Sept 122 calls after the ECI number. Unfortunately, that was too late. I should have bought June 119 calls early this morning for 48 and sold this afternoon for about 1^38 for a net gain of 54/option or $843.75. I can't trade in a fast market because I use 10 minute delayed BMI data via cable. Good thing is there is always another opportunity. I only trade options because I like the risks to be defined exactly.

Regards,

Lee