Thursday, March 24, 2011

Buy IWM (sell puts)

Buy IWM via selling May 69 puts, IWM @81.5. Yesterday's attempt to split the bid/ask on EEM puts wasn't the best move. Bid was 32 cents and I tried for 33 and did not get filled. Today they are bid 22 cents. It happens.

Long EEM, GDX, GLD, IWM, SPY

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