PeakTrader.com

[administrator]

Thu: Top Buys EBAY Top Sells SPY DIA OEX

Primary Trades:

The EBAY Jan 27.5 calls closed at 2.25 and the Jan 30 calls closed at 1.35, which may be best for long-term trades. SPY and DIA Sep in-the-money puts are buys on market bounces.

Secondary Trades:

EBAY Sep 30 calls at 0.10 may be a buy, and Sep 27.5 calls are buys on pullbacks (perhaps around 25).

SPY closed at 129.80. The Aug 132 puts are 2.30 and the Aug 131 puts are 1.30.

DIA closed at 113.38. The Aug 116 puts are 2.85 and the Aug 115 puts are 1.85.

OEX closed at 597 1/4. The Aug 605 puts are 8.40 and the Aug 600 puts are 3.90.

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

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.