The highest was 2.85, but I only sold at 2.0x. Because I don't want to take the 10am news risk even though I think the data should be bad because of the recent bad market. However, I turned gain to loss many times before because of the news event. So this time I don't want to take risk. Every time when I am not too greedy, I always sold too early.
trying to understand your jargon: who is locals and what size is a car? and what is paper?
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lite1067 发表于 2010-6-29 10:27
Locals - locals of the S&P Pit where the big S&P contract trades
Car - contract
Paper - institution
Size - typically 50 cars or bigger
BTW, paper selling has gotten a bit quiet right now - and the locals will probably attempt to bid up the market. I think the retracement higher will be a shorting opportunity not a buying opportunity
The highest was 2.85, but I only sold at 2.0x. Because I don't want to t ...
yingying 发表于 2010-6-29 10:36
you made the right dicision. i would do the same thing
but i could never be brave enough to buy this month option
and buy this week option!!! it makes me dizzy just to think the idea of it. you deserve the reward!!!
you made the right dicision. i would do the same thing
but i could never be brave enough ...
我是谁 发表于 2010-6-29 10:40
haha, sometimes I played 10 minutes options before they are expired. Of course many times they are ended worthless. My best performance so far for a small account was I got 3000% gain in one month. But many times I got wipe out too.