Friday, June 29, 2007

 

Buy, Sell - 1 NYX Aug 95 Put @ 11.10 (sold @ 11.70)

This was strictly going to be a day trade. I bought this when the stock broke 74.50 (which looked like support to me) then tried to reverse but it acted as support. I didn't want to hold this put over the weekend, especially with all the bullish talk on a holiday shortened trading week.
I could have actually sold this for a higher price when the market slumped late afternoon, but completely missed that ride, I sold my position a few minutes before that.

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