Now enforcing a 35% stop on everything. Should keep it a bit more balanced.
Picked up a MS $15 put for $1.05 and a GM $5 put for $.66. Stops on both.
Current positions:
Wednesday, October 22, 2008
Account @ $1,400 ALWAYS USE STOPS.....
Stopped out of a C long on Mon and was murdered on a YHOO $17 call I bought friday going into earnings (thought there would be a takeover). Bought a put before the YHOO earnings call ($10) strike and murdered on that. Lost about $130 overall. I shoulda used the stops on the YHOO puts I guess. Ah well. Live and learn.
Now enforcing a 35% stop on everything. Should keep it a bit more balanced.
Picked up a MS $15 put for $1.05 and a GM $5 put for $.66. Stops on both.
Current positions:
Now enforcing a 35% stop on everything. Should keep it a bit more balanced.
Picked up a MS $15 put for $1.05 and a GM $5 put for $.66. Stops on both.
Current positions:
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