Wednesday, February 20, 2013

SPY PUTS P/L

As you know, I have just about zero tolerance for consolidations, loss of momentum, etc, especially in weekly options, I'd rather take a decent profit and leave some on the table as long as there is reason which there is.

The position for a day has done ok so far...
The fill came in at $.69 for a 35% gain since late yesterday, this is 1/3 of the position closed so I'm all for letting the majority run for now.

I'll try to get an update on the SPY out soon.

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