Wednesday, September 11, 2013

Buy XRT (sell puts)

Buy XRT via selling Oct 74 puts @81.0
XRT is the retailer ETF. I was short Sep strangles (75 puts, 83 calls). In part, this is a rebalancing move, as XRT is closer to the short call strike price. 74 is below a recent low.

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

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