Wednesday, March 23, 2011

Buy SPY (sell long puts)

Buy SPY as I leg out of my vertical put spread, selling the SPY Apr 122 puts for a 65% loss. The vertical served its purpose, hedging the other short puts. SPY @129.8

Earlier, I placed an order to sell short some EEM May Apr 40 puts, but didn't get filled.

Long EEM, GDX, GLD, SPY, TBT

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