Wednesday, June 12, 2013

Bringing XLF July $19 Call position up to Intended Size

These still are not core positions in which I typically will have a non-leveraged equity position meant for the longer haul, the kind I'd like to open in to some strength next. Being these are leveraged, not core holdings, but rather trades, they are speculative to me, however these are less speculative than the last few this week which were meant for a very fast move.

I'm trying to get quality positions with some time and in the money, therefore these are near the upper range of what I'd allow for spec. option positions, I try to stay around 5% of portfolio value before any margin.

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