The Volatility Trader
105 W. Monument Street
Baltimore, MD 21201
Friday, July 28, 2006
Email – #165
We have hit our stop on the SKS call (SKS HQ) at 35 cents. You should be out of this position.
Good Trading,
Steve
READ BEFORE INVESTING – Reminders for Every Trade:
· Don’t cherry pick the list. Do each trade as listed.
· Do equal dollar amounts in each option.
· Follow the trailing stops to the letter. If the bid on any option drops to your stop loss price, sell at the market.
· Stay on top of the emails and follow the instructions to the letter.
· The prices for each option were checked with a broker before I sent them. Use limit orders for all of your buys. If you can’t get them at the recommended price, don’t buy them. I will adjust the buy price as necessary or cancel the recommendation.
· You will be notified by email when to sell.
