November 19, 2008

November 19th

Just a few observations; no real insights

- EUR/USD had a big swing, resulting in dollar strength
- Treasuries had a big day see tlt, getting close to the top of their channel
- Stocks reversed Yesterday's upbeat close.

The DIA 65 Put shorted this morning for $1 is now priced for 1.64.It seems that we need prepare ourselves to defend this position.


Nov 19, 2008 4:15:21 PM

The comments to this entry are closed.

NEXT POST
November 19th A quiet day at the office, only 41 points of range in the SP futures. I like the volume as it step up after 3pm, that is encouraging for the delta long side of the portfolio. I rather would liked...
PREVIOUS POST
November 24th As I said this morning to Trader K; "I feel like a Summer Sport Journalist, in winter". Maintaining a non directional blog in this market has become difficult. I try to stay serious and make use of educational opportunities the...

Ernst Tanaka

Successful Option Trader (for own account); interested in associating with a professional group of traders, trading for a fund or OPM.

Search

Recent Comments