QQQ options

Discussion in 'Options' started by indahook, Apr 30, 2004.

  1. %%%%%%%%%%%%%%%%%%%%%%

    Indahook;


    Got the direction right with long calls & Long Island;
    DIA, SPY;SPX,QQQ look like bottoming process.:cool:

    I like to see early buyers like you, helps put in a bottom faster;
    usually take more time myself including more than front month.

    :)
     
    #11     May 3, 2004
  2. :) Long island and an little island bottom back from 3/24.

    I couldnt help myself after witnessing those three huge red candles in the NDX...had to at least give it a small wack at bottom picking...would like to see it trade through the 200 day to the upside right on the open....Normally I would be buying further out as well..but just playing this one for a dead cat bounce.


    Good trading!
     
    #12     May 3, 2004
  3. offered out at 1.2
     
    #13     May 4, 2004
  4. %%%%%%%%%%%%%%%%%%%%

    Yes;
    thought about you when QQQ hit within . 25 of your target
    & probably a wise time to sell with 3rd friday not far.:cool:





    The plans of the diligent tend only to advantage-Solomon,Trader-king
     
    #14     May 5, 2004
  5. again.....
     
    #15     May 5, 2004

  6. I thought about slapping the 1.10 bid yesterday but pulled it at the last second...figured they might give it another push today
     
    #16     May 5, 2004
  7. Is the qqq options the most liquid one in the market?
     
    #17     May 5, 2004
  8. the NDX action is real weak. ..master of the obvious huh?

    covered may35calls at .80 = flat - comm
     
    #18     May 6, 2004