Thursday, March 12, 2009

OUCH!



I definitely left some good money on the table by selling off my calls yesterday. I wish I hadn't been scared out of my bullish positions, but hind site is 20/20.

I sold the last of my calls today, and am currently 100% in puts. Today I added to my QQQQ and SPY positions, and also added puts in Panera Bread (PNRA) and Green Mountain Coffee Roasters (GMCR).





This rally has me a little on edge considering I'm 100% in puts and financials seem to be going straight up.