Saturday, August 20, 2011

I hate down markets.

It has been awhile since I have posted here, but I’m still trading. I have not made very many moves because of vacations and the down turn in the markets. I do not play the downside very well and so this time I bought 2 put options and I’m running with them. I sold my (1) VMW Oct 80 put Friday for $198.50 profit. My other Put option is ESRX Nov 45. Friday it crossed into the money and I like the action on this stock, so I decided to hold it over the weekend. VMW ? It just scared me a little and I sold it. Nothing wrong with taking a profit and it was a 27% profit.

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
YTD 2011
$5.41
$698.41
$163.29
$248.52
$836.47
$0.00
$0.00
$198.50
$1256.47