Wednesday, July 16, 2008

Over Night Hold Set-up

http://theimpatienttrader.blogspot.com/2008/07/over-night-holds-onh-explained.html

Fellow trader, Stewie, posted a great explanation on overnight holds. I'm using a version of this for FNM, LEH, WFC and BAC calls, except I'm prepared to let the options expire worthless since they were so cheap. Rereading Stewie's explanation, I think I should have held off on FNM. We'll see...

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