Sold 40% of the June Euro puts at an average of 90 which is a slight loss from the average of 93.5
I paid. This was a terrible initial entry as the Euro went higher than my outside target of 155 to 156. The only good thing was I bought June so it wasn't a total disaster. If the Euro gets to the 152 area I'll cover the rest. If it rallies from here I would probably short it, but the next time it won't be options and it will be with a stop.
Covered some Euro shorts
Started by
Spectacular Bid
, Mar 20 2008 10:37 AM
No replies to this topic