I really should have closed this earlier, there was a much larger gain to be had, but I have been busy going through a watchlist of over 300 stocks.
In any case, it's still a gain and I still need to move IWM puts (if we can get a decent set up) out to July expiration, I like a lot more time than I think I'll need.
Even though I missed the high of $1.93 by quite a bit, the $1.64 fill still brought in a 30% gain, 2x what it was yesterday.
I'd like to see a move up and sharp to re-enter puts, otherwise I may just start looking at SRTY long (3x short IWM) for a longer term trade.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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