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Post by cosmic on Aug 19, 2010 13:26:13 GMT -5
I just added a small number of IWM Sep 59 call at 3.73.
My gut and an IM tells me we see a turnaround at 2:30. That's all I got.
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Post by cosmic on Aug 19, 2010 15:07:30 GMT -5
Trade is currently down 5.6%, will stop at 12%.
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Post by Rich on Aug 19, 2010 19:55:42 GMT -5
It looks like a good trade.
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Post by cosmic on Aug 19, 2010 22:14:11 GMT -5
You'd think right? IWM flies. Although that works in both directions. Maybe I try 1 average down at 10% and see how I feel but I don't know. Problem I see is decay.
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