1% Correction Day On 1/18/07

Discussion in 'Trading' started by BlueStreek, Jan 17, 2007.

  1. empee

    empee

    wow bluestreek u got 1 right!!

    congrats'
     
    #21     Jan 18, 2007
  2. Isn't unbelieveable that despite a ONE DAY drop, that was so close to expiration, almost no credit spreaders or put buyers benefited ! Also, the 3 prior expirations resulted in the complete blasting of anyone with bearish options positions.
     
    #22     Jan 18, 2007
  3. I don't know what you are saying. The January 44 QQQQ Put registered a 300% gain today.
     
    #23     Jan 18, 2007
  4. you can tack some more profit on that 44 qqqq put tomorrow.
     
    #24     Jan 18, 2007
  5. Covered my SPY puts from yesterday afternoon with a 56% gain. Sure would have been nice to have the Q's intsead of the Spiders though. :)
     
    #25     Jan 18, 2007