I continue to take risk off the table by covering short EWZ Sep 44 puts with EWZ@60.0 (covered some short SPY puts earlier this morning). EWZ is a Brazil ETF. I net a 31% profit on the dollar amount of the options. Market is moving, and while I doubt these options will come into play, I am reducing risk.
Long GLD, PFF, SPY, TLT
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