Thursday, August 16, 2012

Sell IWM Sep 73 puts

Rebalance to neutral again as IWM keeps rallying. I was already short IWM Sep 67 puts, Sep 71 puts and Sep 85 calls, as well as an Aug strangle that looks to expire safe tomorrow. IWM is the Russell 2000 ETF.

Long AMGN BRKB ESRX EWG KFT
Net long LGF SPY
Net neutral IWM
Net short XRT

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