As a follow up to yesterdays trading alert (Buy the Rumor Sell the News - Shorting S&P500), I've closed my SDSBW (ProShares Ultra Short S&P500 ETF) option position at $5.20. Considering I bought at $4.30, that is a $90 profit per option. 21% profit in less than 24 hours (minus transaction costs) isn't bad.
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Thursday, January 29, 2009
Recent Posts
- Closing DEPO Short Position
- High Risk Trading Opportunities: USD and Negative Market Exposure
- Macro-Musings for 05 October
- GFRE and VSR nearing value targets
- Liquidating Long Positions; AIR, CHRW & SWSI
- Weekly Update of 8/16/2009
- Updates on GFRE and ISTA
- Macro-Musings for 3 August
- SWSI Position Initiated
- SPTN & SWSI
