Wednesday, February 23, 2011

Buy EEM and GLD (sell puts)

Buy GLD via selling Apr 122 puts, GLD @137.8. Another low risk, low reward, low conviction position. I let my Feb gold positions expire without opening up any new ones. Buy EEM via selling Apr 38 puts, EEM @45.1. EEM is near support, more support at 40.

Long EEM, GLD, SPY, TBT

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