by OptionPundit on June 7, 2008
What a week!! Absolutely fascinating for OPN as well for my personal account. We are up nearly +5% vs last week and to +11.54% for the month. This is nearly double of my own target of 5-7% per month. Before you proceed reading further, pls note- OPN uses its Member’s fills for tracking (Not the [...]
by OptionPundit on June 5, 2008
I mentioned about the CME trade before market open. I mentioned my bullish bias for short-term, well all happened within the day so far, and I won’t mind closing the trade for +25.7% in such a short period. CME opened at $384, dipped to $381 before marching to $393. I had opened a debit call [...]
by OptionPundit on June 5, 2008
Chicago Mercantile Exchange (CME) is hammered and hammered pretty badly. It took two years of bull run to reach the highest price ~$712 and only 5 months to come back to square one i.e. $375. Here I am presenting a short term bullish scenario. Before I dive into charting, let me share my thoughts about [...]