Thursday, September 21, 2006
Fly Sell: RACK
UPDATE: I sold short 5,000 RACK @ $28.25.
Is it because of your short-term trading perspective in these situations? E.g. Shorting for a few days/week vs. put options expiring in several weeks/months?
I tend to stay away from the option market.
Although, I have made monster killings in the past,my experience has been better with stock.
There is plenty of resistance in the 28-29 range.
Also, thety fucking embarrassed themselves with last quarters earnings.
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