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Bought QID as Nasdaq is hitting resistance

Apr. 27, 2009 11:19 AM ET
Jack Haddad profile picture
Jack Haddad's Blog
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Bought 1 block at 38.35. I wait to see if can get an intraday scalp of .30 or more. If not, I will hedge the shares by writing May strike 39 calls which are paying a nice premium of 1.90/contract. Strike 38 is also pretty juicy.

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