Archived Weblog Entry - 08/28/2004: "QQQ trade for +33%"

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08/28/2004 Archived Entry: "QQQ trade for +33%"

click here for QQQ chart
8/27 Griffey, a Fibmarkets chat member, had this quick trade on the QQQ this week. Using opitins to trade the QQQ, on Tuesday afternoon he bought Aug 35 calls at .30. On Thursday morning he exited his position at .40 for a gain of +.10, 33%.

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