10/12/2008 12:11:27 PM
Greetings, J.E.D.I.
Welcome to The J.E.D.I. Way.
If you are receiving these alerts on a free trial, you have access to all of our previous articles and recommendations by clicking here: http://www.stockbarometer.com/articles.aspx?subscriptionid=20
If you do not recall your username and/or password, please email us at customersupport@stockbarometer.com.
If you are interested in continuing to receive our advice following your free trial, please click the following link to subscribe. http://www.stockbarometer.com/pagesJEDI/learnmore.aspx
LONG TERM TREND SIGNAL: DOWN 
INTERMEDIATE TERM TREND SIGNAL: DOWN
For Monday, October 13, 2008, The J.E.D.I. Way will re-attempt the following transactions:
(1) Buy to open one (1) December 2008 Mini-Sized Dow 13000 Call Option (Ticker Symbol: YMZ81300c) at a limit price of $2.00, Good For The Day.
(2) Buy to open 10 shares of DIA (Dow Diamonds ETF) at a limit price of $80.00, Good for the Day.
Last Price for the Mini-Sized Dow December 2008 Futures: $8370.00
Last Price of the December 2008 MiniSized Dow 13,000 Call Option: $1.00
Last Price for ticker symbol "DIA": $83.75
Total Cost | $810.00 |
Initial Requirement | $0 |
Maintenance Requirement | $0 |
Total Requirements | $0 |
Estimated Commission | $49.32 |
Expiration Date of Mini-Sized Dow Options Contract: December 19, 2008
Contract Specifications:YM,CBOT
| Trading Unit: | ($5.00) times the Dow Jones Industrial AverageSM Index. | |
| Tick Size: | One point ($5.00 per contract) | |
| Quoted Units: | DJIA index points | |
| Initial Margin for Futures: | $3,503 Maint Margin for Futures: $2,802 | |
| Contract Months: | Mar, Jun, Sep, Dec | |
| First Notice Day: | Not applicable (cash settled contract) | |
| Last Trading Day: | The trading day preceding the third Friday of the contract month. | |
| Trading Hours: | 5:00 p.m. to 4:30 p.m. Central Time, Sunday - Friday. Trading in expiring contracts ceases at 3:15 p.m. Central Time on the last trading day | |
| Daily Limit: | Successive 10%, 20%, and 30% limits. |
Breakeven Point:
The breakeven point for buying one December 2008 Mini-Sized Dow Call ption (Ticker Symbol: YMZ813000c) at $2.00 (with commissions of $29.32) and buying 10 shares of DIA at $80.00 (with commissions of $20.02) is $8.00 and $82.00 respectively.
My fellow J.E.D.I.,
Please see weekly chart for the December 2008 Mini-Sized Dow and DIA dated 10/10/2008 below.
WEEKLY CHART (DECEMBER 2008 MINI-SIZED DOW)
WEEKLY CHART (Ticker Symbol: DIA)
Thus For Monday, October 13, 2008, The J.E.D.I. Way will re-attempt the following transactions:
(1) Buy to open one (1) December 2008 Mini-Sized Dow 13000 Call Option (Ticker Symbol: YMZ81300c) at a limit price of $2.00, Good For The Day.
(2) Buy to open 10 shares of DIA (Dow Diamonds ETF) at a limit price of $80.00, Good for the Day.
Good Luck!
And may the force of volatility will be with you.
Best Regards,
