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#41 |
Senior Member
Join Date: Jan 2006
Posts: 5,084
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#42 |
Senior Member
Join Date: Jul 2006
Posts: 860
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#43 |
Senior Member
Join Date: Aug 2005
Posts: 763
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I spent a period with a hedge fund doing grunt work and most of what they were doing was based in QQQ options. After I finally got the hang of it, one day I mentioned to my super that the spread he was using didn't quite look like what I thought he wanted and that was what we had been doing for weeks. I think he had just realized that a few minutes before. I can't find their website online anymore.
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Oh, he's very popular Ed. The sportos, the motorheads, geeks, sluts, bloods, waistoids, dweebies, dickheads - they all adore him. They think he's a righteous dude. - Bronco, when asked how to describe PH
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#44 |
Senior Member
Join Date: Jan 2006
Location: Kaysville, UT
Posts: 3,151
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#45 |
Senior Member
Join Date: Jan 2006
Posts: 5,084
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Well I bought $10,000 worth of those calls and they are now worth about $4,000. Should I sell now, double down, or just sit tight.
By the way I don't blame you, I thought the market was going to go up and it has gone down. ![]() |
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#46 | |
Senior Member
Join Date: Jan 2006
Posts: 5,084
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#47 |
Senior Member
Join Date: Jan 2006
Posts: 5,084
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By the way, I got bored this morning so I bought some OEX Nov. 700's. Paid 4.90 and they promptly went down to 4.00. It wasn't an investment, I got bored and did some gambling.
P.S. This is gambling and I strongly urge no one else to do this. Besides I just looked and they are now $5.40. |
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#48 |
Senior Member
Join Date: Jan 2006
Location: Kaysville, UT
Posts: 3,151
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Greed kills. My GOOG was up 105% before today's bloodbath. Should have sold.
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#49 | |
Senior Member
Join Date: Jan 2006
Posts: 5,084
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My OEX's went from $5 to $4 to $5.80 clear down to $2.20 when the market was down 200. They closed at $3.40. I hope for a good opening and hope I can get out even. I got all the adrelin rush I needed for a day or two. |
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#50 |
Senior Member
Join Date: Jan 2006
Location: Where do you think?
Posts: 1,201
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