ON FIRE!

I sold my SWN puts today for 3.7, a profit of 38% (purchased at 2.675). I've really been on fire since starting this blog. I have closed a lot of bearish positions the last couple days, and am hoping that I didn't do this prematurely as the market looks like it's about to fall off the table into a death spiral. Anyway, I am hoping for a little bounce in the next day or so, so I can reload on some more puts particularly in KRE (regional banks) and IYR (commercial real estate).

I am thinking of purchasing some SPY calls at the end of the day to position for a bounce, I will keep you posted.