Wednesday, April 29, 2009

 

Buy to Close 1 GLD May 85 Put @ 0.70 (Sold @ 2.40)

Profit +170

Put in a mental stop loss if it went below 88, which it did.

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Friday, April 17, 2009

 

Sell to Open 1 GLD May 85 Put @ 2.40

Possible support at 85. I'll keep an eye on this though, because if the support doesn't hold, it could go all the way to 80.

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Wednesday, April 01, 2009

 

Buy to Close 1 FAZ Apr 20 Put @ 4.00 (Sold @ 4.90)

Profit +90

Blah.. was hoping/expecting to make more on this trade. I closed it ahead of the MTM decision. If the market rallies on that news, then FAZ could take a big hit. Just trying to play it safe.

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