Interesting results, not very happy overall. But its what is. I sold:
-10 GOOG 460 Put @ 20.10 = $20075.05
-10 QQQQ 45 Put (expiring worthless)
-10 FCX 95 Put (expiring worthless)
-10 FCX 90 Put (expiring worthless)
So after what I spent in the previous post, and what I made back from GOOG, I lost 15% on that group of trades. My feeling was telling me one thing, and reality went another way. Looking back on it, I do not feel that I could have made any other call. Today however, we are in a different market, and those 3 stocks are acting very differently. I have been playing quite a bit more poker and less stock. I keep up with it, but I havent traded in recent days.
Be Well.
Saturday, April 19, 2008
Tuesday, April 1, 2008
Update
At 12 minutes before close:
+10 GOOG 460 Put @ 16.85 = $16,874.95
+10 QQQQ 45 Put @ .77 = $794.95
+10 FCX 95 Put @ 3.48 = $3504.95
+10 FCX 90 Put @ 1.81 = $1834.95
Total: $23,009.80
+10 GOOG 460 Put @ 16.85 = $16,874.95
+10 QQQQ 45 Put @ .77 = $794.95
+10 FCX 95 Put @ 3.48 = $3504.95
+10 FCX 90 Put @ 1.81 = $1834.95
Total: $23,009.80
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