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Monday, September 25, 2006

Trading with no discipline-Part 2

As I am writing now, oil futures dipped beneath $60 a barrel, Stock symbol DRQ gapped down from opening bell by $2.50 to $60 per share.

The only consolation is that I have only 1 postion on DRQ Bull Put Spread. Since the demage has been done , I will just monitor the postion and may hold it until the last Friday week of October and reverse the position entirely if there are no improvement on this stock.

posted by Options Trader @ 7:12 AM   0 comments

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