Discussion in 'Options' started by optionsdude, May 28, 2008.

  1. Today's action was kind of subdued IMO. I didn't want to short anymore (through puts) anytime after about 12:15. Volume was tough to read on the NQ and being long was taxing - until the end of the day of course. But, since throughout the afternoon I felt no reason to get rid of my long.

    Funny how crude trailed off before it closed seemed to make way for the XLF/SPY and subsequently the QQQQ (NQ).

    Even though it felt like one to hold long (or some smaller position) into overnight I felt profits needed to be taken.

    Anyone into SPY options today? I did mostly the SFBFL. A bit too out of the money but read it best.