Wow, huge up day on RUT last Friday, that makes 80 points in 18 days! I am still in the March 55 day trade but it is dangerously close to my max loss number of $2000. To help deal with the price move I am currently over capitalized in the trade. Some of this capitol […]
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March 2, 2010 trade update
It’s been a while since the last position update. The last update was on Tuesday of last week and at that time the positions were all good shape. For the remainder of last week, the market was pretty flat so no changes were made to the positions, hence no updates. By Friday afternoon things were […]
February Sample Portfolio Trade Results
February was on track for a really good month. Two of the three trades were at or over there target profits on Feb 3. Those profits were quickly taken away on Feb 4, unfortunately, and I spent the rest of the month trying to get them back. I ended up the month closing the 55 […]
2-23-10 Trade Update
The RUT actually went down today, wow! The trades are all the same except for the March 55 day trade which was adjusted on Monday. I sold off the 560/600/640 put butterfly and rolled it to a 600/640/680 call butterfly. Currently the position is still down about $100 or so and is shown below: The […]
2-21-10 Trade Update
Another up day on the Russell. That makes 8 up sessions in a row and 9 out of the last 10 sessions. The March 55 day trade was adjusted a little by rolling the 560/600/640 butterfly up to 570/610/650 to keep the market from getting too far ahead of the position. The position is now […]
Trade Update 02-18-10
I’m short on time today, so I’m just giving a quick update on the changes. ANOTHER day up yesterday on RUT which is starting to sting a little. I made 2 changes, one change is that I sold off the 580 butterfly on the March 55 day trade and it now looks like below: The […]