Posts tagged as:

debit spread

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 [...]

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CME closed, Profit + 25.77%

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 [...]

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Chicago Mercantile, A Short-Term Bullish Case

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 [...]

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