Tossed The Q Puts Surprise NMX Trade

Home / Options / Tossed The Q Puts Surprise NMX Trade
September 27, 2007

I know its an erratic trade, but I feel like the market might jam up at the close and I might be better off buying them at the close or not at all.

So I sold out of the Q puts with a 4.5% loss.

I also put in an order for NMX calls in “Basket 3″ this morning that I didn’t realize got filled. I’m glad it did.

I bought NMXJF for 5.2 and now they are asking at 8 bucks. Thats about 40% gain since this morning.


Tags list


Related Posts

All Positions Were Closed This Morning
Trades
All the call positions that I owned heading into today were closed this morning. All were profitable except for SUN calls which I did have a shot at...
Buying The Morning Lows Was Smart
Leveraged ETFs, Leveraged Funds, Options
I came into today 50% long in my Rydex account and one select long with JCP calls. JCP looked good right out of the gate and I then went into TNA and...
Was Short Coming Into Today
Agriculture Stocks, Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Had a 30% index short, bumped it to 100% short this morning. Closed it completely today at the close because I really don’t have a good edge...
Shorted The Indexes This Morning
Financials, Leveraged ETFs, Leveraged Funds, Options, Stock Market Charts, Technical Analysis, Trades
I shorted the indexes with a full position this morning while the indexes were up in the range of .50%. The RUT finished down -.18%. The gain turned...