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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: TradeOfTheDay who wrote (5076)10/1/1998 11:38:00 AM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
I have traded TBR a few times with mixed results

I shorted it only because I figured that if things got rough Brazil would have to take it on the chin--so far it has not happened but who knows.

Re comfort level--yes that is key. One is able to handle fluctuations a lot easier when one stays within ones comfort level--applies to the size of trades as well as the instruments that one trades.



To: TradeOfTheDay who wrote (5076)10/1/1998 2:15:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
Finally got filled on the close-out of the third batch of the 525s and 30s that I am short. One more batch to go--and then I'll only be short the 490s from yesterday and the 515s from earlier.

Staying long the calls for now--while I wait to re-establish shorts when and if this next rallies.



To: TradeOfTheDay who wrote (5076)10/1/1998 3:03:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
I should have just asked you in the first place. After having my machine go down twice, I still cannot determine the symbols for the SPX options within 10 points each way from where they are trading.

I know the strikes above 1000 are SPQ, are the 900s SPX, do you know?

They are exactly giving the options away, are they?

EDIT; SXB, I have it.