I'm taking another stab at a quick long call option on the Q's. I may make this one a day trade since we are now getting close to being over bought. The good thing is when the market is getting juice you can stay overbought for a long time.
So I'm in 40 contracts of the May 50 Calls (QQQEX) at a price of $0.28. I may add more if we get a little bit of weakness before the noon hour. I expect that we should see a big move to the upside in the last couple of hours of trading today and I want to take advantage of that move.
So I'm in 40 contracts of the May 50 Calls (QQQEX) at a price of $0.28. I may add more if we get a little bit of weakness before the noon hour. I expect that we should see a big move to the upside in the last couple of hours of trading today and I want to take advantage of that move.
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