While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
We bought some upside in Cat & BAC yesterday.
Now we're going to balance out the book by buying a little downside.
BUY 50 89 QQQ 14 March 89 Put @ .18 cents
These are for Expiration Friday the 14th
Brokers have a 2 cent discretion.
Today will be a late day game with potential ORL days in the Nasd & Spu
January, 2014 MediumTerm Outlook-1st-qtr-2014/
For Glossary of terms and abbreviations click here.
