Bought to Open 2 contracts of SPY May 17 2008 $145.00 Put at 10.80

Trade

Trade ticket:

SPY May 17 2008 $145.00 Put 4.10 0.00 (0.0%)
Transaction: Bought to Open
Security: SPY May 17 2008 $145.00 Put
Quantity: 2 contracts
Price: $10.80
Value: $2,160.00
Target price: $0.00

Trade Note:

Was going to buy these at 10.40 earlier and felt there was just as much upside risk as downside. Then at the close everything was down, yet the SPY remained up? I understand that there were some sectors holding it up anyway the index is 135.30 at 4:00 which is what most people look at. I was going to buy 5 earlier so I bought two.

Posted about 9 hours after the trade

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Trade

Company information:

SPY 117.10 +0.69 (+0.59%)
Users bought (this month) 70 (55.56%%)
Users sold (this month) 56 (44.44%%)
Market cap 74.04B
52-week high 116.52
52-week low 75.45
10-day volume 204.30M
P/E 0.00
EPS (trailing 12 months) 0.0
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Posted by snowman on 03/25/08 at 09:26 AM

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