Wednesday, September 2, 2009

Bought 1 Oct NG 3 Call

Calls are definitely deflated right now. Instead of buying futures outright, I bought a 3 call for 0.16 or $1600. 3 Call is only 0.25 away, so I thought this was a good deal. Should we have a bounce to even 3, this call should cost about $3000 pretty quickly.

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