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Jan 2nd New Portfolio (Jan 1st, 2009)

 
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PostPosted: Fri Jan 02, 2009 1:01 pm    Post subject: Jan 2nd New Portfolio (Jan 1st, 2009) Reply with quote

Jan 2nd Portfolio (update)

Bought 400 SPY Jan 92 puts at $84,000 [at 93; 2.10].

My portfolio is over $100,000, including over $15,000 in cash

Calls Contracts

None

Puts Contracts

SPY Jan 92 2009 400

Portfolio at $100,000 on Jan 1st, 2009. This portfolio will wait for excellent trading opportunities, where it's judged a trade has over a 50% chance of making a big gain. Consequently, few trades will be made.

1. Bought 400 SPY Jan 92 puts at $84,000 on Friday Jan 2nd, '09 [Daily NYMO above 100].
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