Tuesday, April 03, 2012

Roll GLD calls (now short)

Buy back short GLD Apr 178 calls
Sell GLD May 173 calls

With this call roll, I am now short GLD by being short a vertical call spread. GLD@159.6 to .7 as I do two separate orders. I am now:
Long May 185 calls
Short May 173 calls

It's been a rough week or so of trading for me, with almost every recent move turning sour. I am trying to lay low and not add to the list.

Long AXP IBM LGF SPY TLT XRT
net long IWM
net short GLD

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