Thursday, July 5, 2007

Closing Position and AVG fill price for QLD

I got filled on my GOOG option trade at 4.7 and I've just closed that position at 6.7 for a nice 42% gain. The market action is a bit bothersome that's why I'm selling now and not holding on. Bond yields are 9 basis points, and there is a lot of concern that the Fed is going to have raise short term borrowing rates to fight of inflation. Unfortunately, my AAPL option trade never got filled, too bad as the stock is up 5% today.

The system remains bullish and the AVG fill I got on marketocracy was 98.70.

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