#1, I looked at the difference in cost to enter the spreads at the same levels, but different expirations and didn't see that much of a difference in cost. I figured it was like getting free time. Obviously, it's severly handicapped my ability to make money in the short-term.
I tend to be...
I appreciate everyone's well thought out advice for me.
Just so you know I am not completely full of shit and I actually did put this trade on.
I should probably sit in the corner of the room with a dunce cap for using 09 calls on INTC.
I went from prop to big four accounting firm. Total resume builder if you market yourself right. 25% salary increase from my previous accounting job that i had 6 months earlier.
I think I have good fundamental ideas, but I'm not making a killing.
I went long 80 jan 08 AAPL calls 5 points ago at 12.90
at the same time, I went short 85 jan 08 AAPL calls at 10.90
Currently the 80s are marked at 14.75
and the 85s are marked at 12.60
so i'm up 7.5% in two weeks...
I totally missed out on the runs TIE and ATI have had. My friends at BA and IR tell me the Ti shortage is worse then the carbon and there's no additional production to go online. No excuse.
Dry fiber keeps "OK." It gets more difficult to work with when it ages. When your living depends on it, you buy what you can buy. Pre-preg, fiber with resin film applied, what aerospace uses, does not keep for longer then 1 year usually and that is if stored inside a freezer.
FYI, I have...
Popped through $10 today. It's ripped a couple times in the past after going through ten.
Mentioned previously here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=50989
Just a heads up.