Thursday, July 24, 2014

Closing IWM Hedge Calls

I'll take about a -20% loss, but was ready to take 100% , these were entered last week as a hedge for the SRTY, SQQQ and FAZ position, SRTY/SQQQ are up today, FAZ is not far behind.

There are a few things I see on that 10 min IWM chart I have been focussed on in addition to the Index futures deteriorating rapidly.


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