Sold 10 contracts of QQQQ Feb 47 Puts

By Mark on January 11, 2008 10:24 AM | 0 Comments
I sold my 10 contracts after holding them for about an hour. The intraday trading is not acting as fast I wanted and the Q's slowly went down to S1 of $47.39. They are finding some support at this level and wanted to take what I could from this trade.

I sold my puts at $1.37 for a gain of $80 or 6%.

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