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Thursday, November 17, 2005

a look at the option spread trades I was tracking to see how well the method worked

jakk and bks expired worthelss..kept .75 credit on jakk, .55 on bks

would be long intc at 26.50,gps at 19.50 ,cce at 21.50 likely put hele at 19 this week..undewater on everything put but all rallying currently...

need to write puts for much longer than front month for approach to to be valid I think

mkt crashed through short term range top today.. will be interesting to se am work to see how this sets up tomorrow.would have exited trades at 36-37 area.. a nice 9 point gain from yesterday but a good 4 points shy of the close level

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