Prediction based trade 60& 61: US market May 23,2008

Dow down 91 points and nasdaq down 17 points after 30 minutes of trade

 

Trade 60: Buy 2 lots of Dow Call options if  dow goes to -140  and -170 respectively   in next 90 minutes . Buy 2 lots of nasdaq  call options if nasdaq goes down to  -24 and -30 respectively in next 90 minutes

 

 

Trade 61: Buy 2 Nasdaq Puts if nasdaq recovers up to -7 or higher between 11 and 12 pm

 

 

 

 

Disclaimer: all risk to be borne by traders/investors

 

Profit /loss to be calculated taking 50% of profit/losses made on mini futures