Tuesday, August 18, 2009

Day 7, $19,982

Markets moved back up today. Stagnant, slow bullish trend continues. I have initiated a NYX Dec/Sep 30 call Calendar for a debit of $1.29. Looking at more trades and more to come on the call calendar trade.

NTES - Bear call still looking good. The stock moved up to $41.38, which is still below the $42.00 strike. No changes, but will consider rolling bear call up and out if the stock continues to rise.

No comments:

Post a Comment