Tuesday, October 18, 2011

Buy SPY (sell puts)

Buy SPY via selling Nov 99 puts. Another order before the open, another fill on the opening dip. Today I had better luck as the market rallied off the lows.

GLD gave me a bit of a scare with a big dip early, before rallying. I am still short Oct 154 puts and the low was in the 158 range. I don't have any November positions on GLD yet. I am skittish. It does not seem to be acting well.

Long BRKB, GLD, PFF, SPY, TLT

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