PeakTrader.com

[administrator]

Fri: Top Buys None Top Sells SPY DIA OIH

Primary Trades:

SPY Sep 127 to 129 puts are buys on market bounces.

Secondary Trades:

DIA Sep 114 puts, on a market bounce, and OIH Jul 155 puts, in the low 150s, may hedge each other, and gains can be made on both in a pick-up in volatility.

------------------------------------------------------------------------------------

Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.

Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.

Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades.