Re: [TheOptionClub.com] GS TRADE [was:How do you manage your Vega?]

 

Mike,
This trade was a great lesson - do you post such trades every month or on a regular basis?
If not, can you?  Adjusting trades correctly at the right time has been very difficult for me.  This would help someone like me a lot in learning to adjust trades.  Or better yet, if at all possible, can you give us some guidelines on when and how to adjust? or give us some direction as to where we can find such GOOD  help even at a $$ cost?

Thanks!

Chet. 

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From: mcatolico <mcatolico@mindspring.com>
To: OptionClub@yahoogroups.com
Sent: Tue, May 11, 2010 10:28:57 PM
Subject: RE: [TheOptionClub.com] GS TRADE [was:How do you manage your Vega?]

 

Nothing dramatic either way. Just a lot of family stuff this month keeping me away from markets during the day.

 

From: OptionClub@yahoogro ups.com [mailto:OptionClub@ yahoogroups. com] On Behalf Of Murthy N
Sent: Monday, May 10, 2010 10:50 PM
To: OptionClub@yahoogro ups.com
Subject: Re: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]

 

 

Yes, with GS up only 0.84 today (amid all the commotion), idling is great here. 

 

I am surprised that you are flat 11 days before the expiration - usually most of your trades come to fruition only in the last couple of days. I am guessing that you either took some small loss and got out or made a killing and thought enough ... :-).

 

Good luck.

 

Murthy

 

 

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