Tuesday, March 31, 2009

4/2

The market rallied 4.9% after G20 meeting and suspension of Mark-to=Market accounting rules.

I exited the other half of the calendar for 11.40 (+31.9%).

3/31

The market's gap yesterday was not confirmed by volume. The volume was so low dispite the big percentage decline. I had put in an exit target of 10.4 and half of the contracts were exited. I'm going to squeeze some more money out of the remaining contracts.

I decided not to include any charts, since this trade was so short.

3/30

BUY CALENDAR RUT MAY 09/APR 09 450 CALL @8.65 ISE, RUT MARK 415.76,


I had a bullish stance on the market. When I put the trade on I didn't exit the market to gap down over 3%. My order to buy the calendar was over $1.5 below the close's trading price. Due to the gap down I was able to get my order filled close to the opening of the market. 


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