Wednesday, September 17, 2014

Sept 17 - Wed 200pm update

Picked up a batch of SPY 199 calls Sep 26 exp at 1.52 on that spike down.  I probably could have bought them even lower since it retraced 50%, more than than the 61% fib I was looking for.  Fed day is sometimes good for bottom fishing with these spikes.

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May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...