Stopped Out on Calls

By Mark on December 19, 2008 3:16 PM | 0 Comments
Mr. Market has done a bunch of nothing the last 2 hours and in the last 5 minutes has broken down below the narrow trading channel. I took a small 5% loss on this trade.

For recap I was in 40 contracts of QQQQ Jan 31 Calls at $0.85 and I sold at $.80. I'm still net up for my trading today, so I'm happy going into the weekend.

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