Wednesday, September 22, 2010

HBB Banging the Tape Around

Well as the tape bangs around, why not have a strategy to profit from that?

I bought QQQQ 49 puts and calls yesterday.   Then set "Stink Ask" prices to sell them off at....not too stinky, just likely to get hit on a big banging move by HBB.   Even the currency wars have the oomph to move the market quickly and deeply. 

Decent breakout on Feed Long, Taking good volume

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Insightful and Useful Comment!