Fed's another 1/4 rate cut

Just 3 hours ago, the Fed announced another quarter percent rate cut and here's 2 opportunities well-captured!

Goldman Sachs (GS)
Straight OTM Nov-07 80 Puts
Entry 5.20 Exit 6.40 (23% profit)

Long EUR/USD
Opened @ 1.4465
Closed @ 1.4495
PnL: 20pips

Today's Trade

CARDINAL HEALTH (CAH)
Straight ITM Nov-07 65 Call
Entry 2.45 Exit 2.75 (12.2% profit)

WEYERHAEUSER (WY)
Straight ITM Nov-07 70 Call
Entry 4.20 Exit 4.80 (14.3% profit)

Both are Day trades today (29-Oct) based on TCT!


p/s: I'm still longing POLO RALPH LAUREN (RL) and EUR/USD (for almost 10 hours already!) now.

OTC2007 Billionaires

I participated in the Options Trading Championship 2007 on 17 to 19 Oct 2007. And my group, Billionaires, won the 2nd place in the group category!

p/s: In case you are thinking what we won, we won a not-so-great thumbdrive from BOX (Boston Options Exchange). Disappointed!!

After a $20+ gap for a $100 stock...

Decker Outdoors (DECK)
Straight ITM Nov-07 140 Call
Entry 8.30 Exit 9.50 (14.5% profit)
Day trade on Friday 26-Oct based on TCT

p/s: DECK gapped up more than $20+ after beating earnings by 20+ cents.