|
PureBytes Links
Trading Reference Links
|
List,
Well it looks like we're a little early again, but we went short this
morning.
For those interested, we had a sell in our Intermediate Term Signal as well
as a sell in our short term SP39 signal for execution on the open this
morning.
We're trying a couple of new things today.
For our 'normal' position, we shorted DIA, SPY and QQQ on the open.
For our option 'experiment' we have done a few things differently today.
My brother bought Jul 2000 OEX and SPX Puts and sold 3 SPX Calls. I, OTOH,
changed my mind before the open, and move my positions to the August
expiration months. I bought the following Puts OEZTR @ $15, SXZTO @ $30
7/8, and sold SXZHO Calls @ $42 1/8. Those SXZHO Calls I sold were the
first ones I've tried and I only did 5. I figure discretion is the better
part of valor, or whatever that quote should be.
We reversed our Sep futures positions on the open this morning as well.
We initially started underwater, but that's not new. Now I'm going to take
off to Costco and to the car wash, because a cow or some other large mammal
flew over my new (to me) ML-430 and deposited a load on the hood.
Guy
Paranoia...you only have to be right once to make it all worthwhile!
|