Wednesday, June 06, 2012

Rebalance LGF (sell puts)

Sell LGF 13 puts LGF@12.7
I rebalance to long on Lions Gate, as my short strangles move to near delta neutral. I have made a mess of my LGF positions. Thankfully the dollar amounts involved are small. The psychological capital expended is likely greater than the financial capital.

My earlier trades today are one up EWG, one down GLD. A lot of action on my part with three trades today, but so far, not much forward progress.

Net long IWM, LGF
Net short SPY

No comments: