Edited by Macro Speculator, 22 December 2011 - 01:05 PM.
I planned on taking the rest of the year off....
Started by
Macro Speculator
, Dec 22 2011 01:04 PM
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#1
Posted 22 December 2011 - 01:04 PM
but this obviously ridiculous rally the past few days is just too tempting.
Now heavily short at S&P cash 1254 using February 18, 2012 $127 SPY puts. Picked them up for under $5 over the past 30 minutes as we've been sitting in the 1253-1254 area....hope to sell them for $15-20 in early February on a swing down toward 1100.
Happy Holidays and New Year everyone,
Macro