Okay.. my head hurts from today’s action. Luckily, my hedges kicked in. Something tells me Monday’s going to be a big day, one way or another.
Yesterday’s action consisted of 2 contracts sold for a profit of $268. I think the contracts I sold were WFR. Probably. Yeah I’m almost sure.
Today’s action? Well after the wild [...]
Another rough day in the markets and yet another new high for my portfolio. The portfolio is now up over 20% from the start of my trading, well off the 50% losses I was experiencing only a couple of weeks ago. Today’s closing trades included profits in XL, LM, CY, and SINA with losses in [...]
They weren’t kidding when they said markets generally close higher the first day of the 2nd half of the year. I was rather disappointed at the bounce this afternoon. It felt more forced than anything else. In any event, I went ahead and lightened my put positions a bit by selling off a third of [...]
Today looked to be a fairly mild day until about 15 minutes before the close where everything began to tank. I’ve been running a fairly heavy negative delta portfolio so I benefited quite a bit from the last minute sell off. I went ahead and trimmed my positions in XL and LM by a contract [...]