Just bought a QQQQ DEC 07 50 call @ 4.92. Main criteria I used was a delta of .75 or higher seeing that the QQQQs had take a small little dip but overall seem to going up. I’ve paper traded this strategy before and it worked out really well.
On another note, just heard out that Price Headley is a guest speaker on today’s Think or Swim chat. The session is titled, “Identifying Technical Turning Points and Key Sector Trends”.
October 24, 2007
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