Good for you, I was after some GDX just as it took off but at
least I had some AGQ to comfort me as well as some Sept short puts
which I am expecting to be out of the money on Friday. I am doing
much more with short puts and covered calls these days since the
market is so messed up.
I'm with you on this one, virtually all of those puts i 'put' on
(read sold) in July/Aug (see my 7/25 and 7/29 posts) will be
otm and expire worthless on friday.
. it's been a nice ride, just need a
small pullback today/tomorrow so i can write some more on monday.
and Kudos to BPT for pointing out the PM trades
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
that was my slim pickens impersonation
Remember Slim Pickens riding the Nuke out of the bomb ...
Posted by roger on 18th of Sep 2013 at 02:06 pm
dang nab it!! bought some nugt at 56.25 literally 5 seconds before that launch
Good for you, I was
Posted by jroger on 18th of Sep 2013 at 10:36 pm
Good for you, I was after some GDX just as it took off but at least I had some AGQ to comfort me as well as some Sept short puts which I am expecting to be out of the money on Friday. I am doing much more with short puts and covered calls these days since the market is so messed up.
gotta love those puts
Posted by hazbin1 on 19th of Sep 2013 at 09:20 am
I'm with you on this one, virtually all of those puts i 'put' on (read sold) in July/Aug (see my 7/25 and 7/29 posts) will be otm and expire worthless on friday. . it's been a nice ride, just need a small pullback today/tomorrow so i can write some more on monday. and Kudos to BPT for pointing out the PM trades