Sold The July QQQQ 47 Puts

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June 21, 2007

I took advantage of the extra selling in the market this morning and locked in roughly a 48-50% gain on this trade. I talked about this either being a big win for my account or it would be a big ding and it turned out to be a very nice win. I sold before the Dow started bouncing. I see its at -28 now, but I sold around -79.




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