Buying Calls on QQQQ

By Mark on August 18, 2008 11:05 AM | 0 Comments
I'm testing the waters here and entering my first trade after vacation. As I mentioned earlier this morning I'm going to be conservative on the first couple of trades while I get back in sync with the feel of the markets.

I purchased 20 contracts of the QQQQ Sep 40 calls (QQQIW) with a cost basis of $0.90.

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