Tuesday, 9 June 2009

Up and Down combo's

Possible trades- yesterday with the F down over 50 it was possible to trade a combo selling the 4150 jun put and buying the 4550 jun call, for a profit of around 20 per lot. Today market was up enough to close out of that and get into the downside trade, selling 4550 call and buying 4250 put for a profit of >20 per lot. Did I trade them? No, I saw both trades too late and then got fearful about entering late into today's downside combo which even if I had got into for zero would at one point have given me a profit of 10 per lot.
Let's see how many trades I can miss in total this week.
I believe I have often said there are at least 2 combo trades per week- you just don't expect consecutive and instantaneous ones.
Note to self: Is the high now in for the summer?

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