Afternoon all,
As of 4:00, I am up $21.00 on the SPY Puts and my additional order for 2 at $72 did Not get filled... In addition, I checked the Corn trade and as of the close at 3:00 I am up $43.00...
I failed to mention the results of my single put option buy at yesterdays close. I purchased it for $76.00 and at the open it was worth $123.00 Many folks told me to exit for a nice 50% profit, but did I listen... No, Instead I proceeded to buy at my target levels. 1st at 155.60, then again at 155.80, then again at 156.05 and finally tried at 155.20 but missed it...
I am now holding 8 puts for a DCA of $82.00, as of 4:11, last trade was $85, B/A 79/81, which would imply an $11.00 loss... Finally, like my entry for this short, just think I might be early on this as well, but I am considering end of the qtr profit taking...Cypress... and all in all the BS of this rally...
RE: Corn...
don't know what else to say except I hope I bought the right month and in the right direction... otherwise, I am gonna get my ass handed to me.. 1 naked put going into exports and planting intentions... yikes...
Good Luck All...
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