The Volatility Trader
105 W. Monument Street
Baltimore, MD 21201
Tuesday, June 27, 2006
Email – #141
Fortunately, we were able to get into both of the recommendations made this morning at (or slightly below) the designated prices. As a result, let me make a small change to one of our stops.
Action To Take:
We were able to buy the Cabot Microelectronics August $25 put, UKR TE, at $0.55, so lets use a stop loss at $0.40 (instead of the originally suggested $0.45). Remember, this is a mental stop at $0.40.
Good trading,
Steve
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