Sold the FSlR puts for a nice gain. Was stopped out of the TBT for a small loss. As long as the wins are bigger than losses everything is good. My thought on FSLR is if it doesn't fill the gap we will push for new lows. Have current support at 130 then 110. We could test those lows soon. Gonna buy February 17th 150 strike puts. gonna go bigger size on this one.
Also looking at RIG puts. Oil is done because demand is down. You can cut supply all you want OPEC but it isn't gonna help. Gonna buy some rig puts february 17th 60 dollar puts at close.
Current market conditions. We broke key support today on S&P 850. i think were in real big trouble here. We could see new lows at least retest lows.
Los huevos
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