Buying into the close

By Mark on February 13, 2008 3:52 PM | 0 Comments
I took a short position on the Q's 5 minutes before the close. I'm setting myself up for a quick turn I expect in the market tomorrow.

I bought 10 contracts of the QQQOR March 44 put at a price of $1.09. If we gap up tomorrow I may add another 10 contracts at the open tomorrow.

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