The Volatility Trader
105 W. Monument Street
Baltimore, MD 21201
Thursday, June 29, 2006
Email – #143
Action To Take:
The Fed went in our direction and the market is certainly rewarding us. .
The Cabot Microelectronics August $30 call, UKR HF, is moving up nicely. Let’s move our trailing stop up to $1.25.
The McAfee option pricing is making no sense. The stock is up, but the put is trading up, not the call. Watch this one closely; as soon as we have a trend we will dump the losing side.
Good trading,
Steve
