All Hyped Up And Nowhere To Go

18 11 2008

This Monday’s trading session was promising, given the volatility last weekend, the upcoming Nov options redemption deadline and of course the G-20 meeting.

But nothing. Tepid market.

Tried my hand with paper-trading some options. Understand that I’m new to it, need some time okay? Managed to get a reasonable price for EEV (Ultrashort Emerging Markets ETF) but missed my target for FAZ (Financial Bear 3X) by just a wee bit. Getting the hang of it, might make my belly-splash soon.

Bad thing about “flurry of activity near the end of the trading session” is that I have to stay up till 5am if I were to get some action. Would be a fun challenge any other time, but not this near my exams.

Tepid.


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