I sold my Jun 53 put contract in the qqqq's on Friday. I actually picked up this contract back in mid-Jan and set a limit order for $10.00 and it actually got filled at $10.08. The qqqq's are actually trading sub-$43.00 in after hours. I still feel there is going to be continued weakness and could very well trade sub-$40.00's. I will still be on the lookout to buy additional puts on the qqqq's with some deep in the money puts.
Trials and tribulations of my stock trading and investing experiences. Lessons learned, both good and bad...that will hopefully benefit others.
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Showing posts with label contract. Show all posts
Showing posts with label contract. Show all posts
Sunday, March 02, 2008
Weakness in NASDAQ
I sold my Jun 53 put contract in the qqqq's on Friday. I actually picked up this contract back in mid-Jan and set a limit order for $10.00 and it actually got filled at $10.08. The qqqq's are actually trading sub-$43.00 in after hours. I still feel there is going to be continued weakness and could very well trade sub-$40.00's. I will still be on the lookout to buy additional puts on the qqqq's with some deep in the money puts.
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