Pete’s Options

26/6/09 - I have been trying to get a RUT IC filled every day for the last 6 or 7 trading days, and just can’t get it to happen!  Anyway, last night I decided to stick in an order in NDX even though it is a few days before I intended to have one on (normally at the 50 day mark) just to see if I could get a reasonable fill - and guess what, it filled not long after!  Funny - seems the NDX always gives me slightly better fills…  So, this one is on for a credit of $2.95 and risking $2,500 over 56 days.

18/6/09 - Time to start building my August inventory.  I sold this one for $1.55 and am risking $1,000 over 64 days.