Posts Tagged ‘faz’

Added more FAZ calls.

February 25th, 2009

Ok, added more [[faz]] calls. Fully loaded now.

Average prices:

March Calls@150 – 1.60$

March Calls@140 – 1.75$

The end of day runup made me even more confident. Target, as mentioned before 110.00-120.00.

Stop at 35.00

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Remaining bearish here (25.02)

February 25th, 2009

I remain bearish here and will keep holding my [[faz]] calls, still a little nervous faz-dailythough as the market is trying desperately to hold above day’s lows. If it doesn’t – look out below. Don’t have target for [[spy]], but I think November lows will be breached for sure.

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