TRADE ALERT - Buy QQQQ Oct 2008 38.00 calls

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

  1. UPDATE

    Too early to panic. Plan on buying more calls this week, will keep you guys informed of any changes. :)

    PS.....Please rate this thread based on its usefulness. Thanks
     
    #21     Oct 6, 2008
  2. The NASDAQ could rally 10% tomorrow and you'd still be a loser on this trade.

    Bid on OCT 38 QQQQ calls closed at $0.36 today. You're down 80%. Hoping for a big rally this week to get you back to a 50% loss or what?
     
    #22     Oct 6, 2008
  3. I'm going for the "or what". :cool:
     
    #23     Oct 6, 2008
  4. gangof4

    gangof4

    ok forex, now what? because i had no $ left after rimm, i went ahead and sold my car to buy these QQQQ calls since you were so sure; using the big bold font and all.

    what should i do now? i really need to make this money back and i know you're the guy to listen to.

    please advise...
     
    #24     Oct 6, 2008
  5. Do you have 6/49 lotto in your area? If so play these numbers: 4 - 8 - 15 - 17 - 21 - 34 and say YES to the extra. Hope this helps. :)

    Numbers valid until October 31, 2008
     
    #25     Oct 6, 2008
  6. After all the horrendous calls you have made, it is unlikely that you still have any money left so why dont invest your time in something more productive?
     
    #26     Oct 6, 2008
  7. Lucrum

    Lucrum

    Do you have to?


    Today's close $0.45
     
    #27     Oct 6, 2008
  8. Quote from forex-forex:

    UPDATE Too early to panic. Plan on buying more calls this week, will keep you guys informed of any changes. :)


    Yes, averaging down. There is the sign of a trader (wannabe)

    Why do you like to portray the air of someone who has no idea what he is doing?





    PS.....Please rate this thread based on its usefulness. Thanks

    -3 Stars
     
    #28     Oct 6, 2008
  9. LOL

    It'll be a race between overall market decline and theta decline to see how the bid gets down under a dime faster.
     
    #29     Oct 7, 2008
  10. No joke, it's the epitome of a bad options trade.
     
    #30     Oct 7, 2008