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Old 11-08-2007, 02:24 PM
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This member is the original thread starter. Re: Shakeouts

Nice ranj. My technical levels for adjusting this trade haven't been hit yet, and now the market is starting to stabilize, so things are good. Been in this position for a while and still have the same technical views on it. Just not as "perfect" as I'd like it to be, ya know? But, nothing ever is I guess...just keep doing what I do and let the odds play themselves out. Volatilities are still showing fabulous odds for this position working out even in these times of increasing vol. 65% chance of expiring worthless next week...heck, I used to go for a 65% chance 40 days from expiry, and that worked for me. Just been a while since I'd been back in the options game and gotta work that rust outta the system.

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