Wednesday, January 14, 2009

The missed ADM gamble

Looked at shorts TOL, AMZN, DRI, ADM. Thought premiums were too high on all going into expiration.

Well ADM's puts were up 1000%+ today. Damn. Almost pulled the trigger on those. Great setup there. Ah well.

Not a bad day overall.

Moved stop up on AZO to $1 (from .90). Still enjoy MBTrading

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