Today's Activities
Sold DRYS Jan 45P/50C - 1 contract for $16.70, a net profit of $1.582 (10.5%)
Sold FDX Jan 85P/100C - 1 contract for $11.25, a net profit of $1.032 (10.1%)
Updates
AMZN took a dive with the markets today. Broke through support and well below the lower bollinger band. It also briefly broke the 52-week low, but closed slightly above it. The bad part is that because of my large stock spread getting in, I am just now barely in the green on the strangle. There's always the option of dumping the put and riding the call when it bounces.
FDX ended up moving lower today. When I checked the markets over lunch my put exit still hadn't executed, so I pulled it and put my limit sell back in for the whole strangle. I got filled not too much after that.
What is a Guaranteed Investment Fund (GIF)?
13 years ago







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