Sold My Puts for 55% Gain

By Mark on October 3, 2008 1:45 PM | 0 Comments
I don't want to be greedy so I sold my quick 30 minute trade with a greater than 55% gain. There maybe some more downside, but I'm taking what I can and moving on. There is now talks and rumors of a rate cut on Monday, so I'm out.

I was in QQQQ Oct 36 Puts (QQQVJ) with a cost basis of $0.80 and sold at $1.25.

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