Long SPY Feb 85 Calls

Calendar February 10, 2009 | Posted by Jorge

Long SPY Feb 85 Calls @ 1.47.  I’m seeing the SPY on a 30d/30m chart riding an upward trendline.  If the trend breaks, I’ll exit.  I doubt I’ll hold this through the rest of the week.

Category Categories: Options, Portfolio Progress | Tag Tags: | Comments Comments

  • Woolly Llama
    damn it, i lost my comment. You know your disqus box requires i "verify a token" I don't get that anywhere else
  • Woolly Llama
    I was taunting you for prodding someone before the close about buying those calls while snorting a little Hopium, Mr. NoOptions4me! :)

    I'm just jealous as i had an order @ 1.41 that didnt' get filled, otherwise i'd be there for the bounce. I think we'll certainly see it, but i'm not hedged at all so it may sting if we gap up
  • Hah! See.. there's a difference between hopium and the charts ;) I'll admit it's a long shot, but I'm thinking today's action was more of a knee jerk than anything else. It's a decent e/e though so I won't lose sleep over it.

    Verify a token... that's just odd. I might be running an older version of the disqus plugin. Then again this entire site needs to be revamped and in a hurry.
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