Today was interesting in the market. The bulls apparently took their money out yesterday to reposition themselves in the market today. All indices went up. But that doesn't change my opinion of the market. Things are still turning. We will just have to wait until next week to see how that turns out.
I personally still did okay in the market today. Both my PUT on NG and my CALL on ODP put in paper profits for me today. Not much, but a start. Now, if you have been following, you know I also own straight stock of NG. So, if my PUT on NG made profit, chances are very high that I lost value on my stock. And truth be told, I did. But I don't own the stock for growth purposes. It is for hedging. I also use it to sell CALLs against when it is bullish.
Anyway, that is all for now.
That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page.
Posts
No comments:
Post a Comment