Thursday, August 16, 2007

Sell DE Deere (buy back short puts)

Buy back short DE Sep 115 puts
Taking a big 100% loss on the value of the puts as the stock declines over five points in one day. I got this one wrong and am taking my lumps.

SP500 now touching the 10% correction milestone. Like the major indices, my trading account is now in the red for the year. Sigh.

I live to fight another day.

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