Dow Very Nice Action Compared To Last Week!!!

Discussion in 'Trading' started by BlueStreek, Apr 12, 2007.

  1. Made nice 7,000 on wed., but i missed buying puts on dndn when it was 25.70 the other day pre-market, nice 4.00 plus per contract on that trade (I wouldn`t have ridden it down to 19.00 and change, but would have taken profits at 4.00 per option).

    Missed that trade, it was on my radar: 100x4.00x100=40,000 cash in a day`s work.......and that is a lot of move for such a relatively cheap stock. And I thought the risk reward ratio was pretty good on that trade, just got distracted trading futures:)