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Our QQQQ Options Trades in November 2004:
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November 8, 2004.
- On November 7, 2004, a "put" signal was generated.
- On November 8, 2004, a trade
was initiated in accordance with the signal issued the
day before. We bought QQQQ puts at $1.70 per contract.
- On November 16, 2004,
the trade was closed. We had
decided to lower our "Suggested Exit Price" and close out the trade. We sold
our QQQQ puts at $1.40 per contract and fix a 18% losses.
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Information Corner:
Investing in Options - Before you begin investing in options, you must decide
how much of your money you can safely put at risk. If you are new to
options, we recommend no more than 10% of your portfolio...
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