Bought DIA March 105 puts.....
#1
Posted 05 March 2010 - 09:44 AM
#2
Posted 05 March 2010 - 01:17 PM
at 1.23 each..... I am now 90% inverse ETF's and 10% position in DIA put options..... With this strategy... all pullback here, the gains from puts will overshadow any paper losses in inverse ETF's... been trading this strategy all week and actually have a net gain for the week (coming into today anyway) ..... eevn though my ETF's have been going against me.... the gains from my index put trades have exceeded paper losses in ETF's ...... don't try this at home kids.... it's intense requires constant attention (and frequent trips to the bathroom, nervous gas! )
or you could just make it easy on yourself and keep it simple and follow the trend?
#3
Posted 05 March 2010 - 02:50 PM
at 1.23 each..... I am now 90% inverse ETF's and 10% position in DIA put options..... With this strategy... all pullback here, the gains from puts will overshadow any paper losses in inverse ETF's... been trading this strategy all week and actually have a net gain for the week (coming into today anyway) ..... even though my ETF's have been going against me.... the gains from my index put trades have exceeded paper losses in ETF's ...... don't try this at home kids.... it's intense requires constant attention (and frequent trips to the bathroom, nervous gas! )
SOLD at 1.02 .... loss of 21% on position... Strategy didn't work this time.... will revisit after usual Monday morning ramp up










