Looks like the bears are rounding up the bulls as I speak, my only fear is that it really is the second great depression and this whole thing has been a bear market rally. Wait, the FED will print too much money to allow that, right?
Thursday, October 29, 2009
Let the Diversification Begin
Just took gains on my AAPL Jan 165 put and closed out that position for $2.79. I also initiated a position in Mosiac (MOS), selling a Jan 2011 50 put for $10.70. I am getting absolutely crushed on that AAPL 210 April call, if the slaughtering continues we'll see if I have the guts to stick to my original plan and double down when the call reaches $9.
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