Wednesday, January 11, 2012

QQQ in High Range

Back to the trade that I started this account with a fat finger.

Trade:

  • +7 Vertical QID Feb12 41/43 call @ .73
  • Max Profit: $889
  • Max Loss: $529.50 (including Comm)


Notes: Just looking for the pull back. QID is a triple inverse of QQQ
With VIX Low I tend to buy debit spreads so I can get Long Vega

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