Bought Q Puts on Open

By Mark on February 9, 2009 9:32 AM | 0 Comments
I bought some puts on the open looking for a strong move down today. For this trade I purchased 40 contracts of the QQQQ Mar 30 Puts (QAVOD) at a cost of $1.10.

As I said earlier, I'm thinking we will see somewhere south of $30 over the next couple of days.

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