Friday, July 1, 2011

Bought SPY puts

Just picked up some July 134 SPY PUTS @ 1.48 (delta -.52)


I want to open the up short position before the holiday. I think the market will tank next week. First target pull back to 130.85 (61% fib), next one at 129.06 (38% fib). We'll see how it goes.




Open trades:
EUR/USD   Short 1.4490   Target 1.4224   Stop 1.4625
SPY 134 JUL PUT @ 1.48

No comments:

Post a Comment