TRADE ALERT - Buy QQQQ Oct 2008 38.00 calls

Discussion in 'Options' started by forex-forex, Sep 30, 2008.

  1. Forex-Forex.... seriously bro, you are the absolute worst trader I have ever seen. Nothing in any post I can remember from you has worked, and that's saying something because every dog has its day!
     
    #11     Oct 2, 2008
  2. does anyone remember this clown's sbux trades?

    anyone who actually follows his trades deserves to lose everything (and will)
     
    #12     Oct 3, 2008
  3. wow, big fonts!

    [​IMG]
     
    #13     Oct 3, 2008
  4. yes, as i said the sbux trade was legendary :D
     
    #14     Oct 3, 2008
  5. Bid on 38 QQQQ calls at $0.80 at 15:42 Friday ...
     
    #15     Oct 3, 2008
  6. No problem ............ I'm still in the drivers seat until the last week of expiration. Working on some other trades and might post those soon :cool:
     
    #16     Oct 3, 2008
  7. wenzi

    wenzi

    I think this may be an unkind expiration week for you. You need the QQQQ at 39.77 for breakeven, in five trading days. You are going to be pushing against theta all week, which is never fun.

    Then again, we could have a historic bull rally over then next week......
     
    #17     Oct 3, 2008
  8. Ten tradings days left. :)
     
    #18     Oct 3, 2008
  9. wenzi

    wenzi

    My bad. 10 days.

    Good luck.
     
    #19     Oct 3, 2008
  10. You said your time frame was sell Friday or Monday:

    OCT 38 QQQQ bid is $0.44 as of 10:00 EDT Monday. You’re down 75% as of right now on this trade and we’re just now getting into the acceleration of theta decline.

    Gonna shoot the moon and go for 100%?
     
    #20     Oct 6, 2008