I've made a few moves this morning. I don't really know if this rally can sustain itself, so I decided to take some more profits. I sold most of my bullish positions, and bought some additional puts to slant my holdings more BEARISH. Today I:
- Sold my full OIH call position at a small loss.
- Sold more SPY calls at a profit. I am still holding a small position.
- Sold my full MET call position at a profit.
- Sold the final 1/3 of my XLF call position at the open. I actually reversed this position and just purchased XLF puts.
- Added to my ADM put position.
My account is currently 2:1 puts over calls. I am back in the BEAR camp!!!
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