21 October 2007

19-10-07 : GS put trade

GS broke trendline down earlier, and all long positions have been cleared.

We went for a short position in the form of put at $220 Nov07 Strike. The price is $10.90. 1 contract.

Daily chart
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15min chart
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5min chart
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Reason to put : Break 220 support with long black bar

Take profit pt : 210

Loss profit pt : 221

Holding period : 3 days

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