Friday, August 16, 2013

Rebalance GLD (sell puts)

Sell GLD Sep 120 puts @133.0
This rebalances my position back to net long. I was already short Sep 111 puts and Sep 145 calls. The recent rally pushed my short calls to a loss.

Elsewhere, some of my more recent moves KORS, XRT, SPY are in the red. The long awaited correction the stock market is unfolding. Just how deep and how long it will be are the open questions.

Long BRKB EMN GE GDX IWM KORS XRT
Net long APC BA GLD LGF SPY
Expiring PG

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