Yesterday was an interesting day. I was closely watching the gap up in the morning as a continuation to the up side would have hurt the May trades. The market reversed though and as the trades went past the peaks of their T+0 lines, I closed them because we were so close to expiration. The […]
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5-17-10 AM Trade Update
Good Monday Morning! The positions have not been touched since the last update. The May positions are in the home stretch. Currently they are still negative by a little but if today is flat, It is possible we could be up money by the end of the day. The June position is up about $120 […]
5-14-10 AM trade update
The RUT is keeping us entertained as usual. I’m still in all of the positions, all the May positions are still down between 600 and 800 each. If RUT will back off another 10 or so and settle down till Tue the positions could even be at a profit. The June position is flat. The […]
05-09-10 Trade Update
I had a death in the family and funeral over the weekend, therefore have not had time to put together a “proper” trade update.. Basically, I am still in all the positions and no adjustments have been made since Thursday AM. I have personal trade rules that act like a circuit breaker in this situation […]
05-06-10
Crazy day in the market today! Hope no one got hurt too bad on their trades. Just taking a quick second to let you know how the portfolio made out. I adjusted the all the trades in the morning and held all the positions through the panic sell off this afternoon. The reason the trades […]
05/05/10 Trade Update
I was trying to limit this to once a week but since RUT has moved down 35 points in 2 days, I decided to update you on the positions. Method 1: Tuesday the adjustment point was hit and the 690/710 put spread was rolled down to 670/690. Currently the position is down $460 or about […]