Wednesday, October 20, 2010

Puts

There was some puts being purchased but not enough. I would be a seller of calls on any strength tommorrow. I would suspect and true trend down tommorrow.

I am gonna sell some of my aapl calls tommorrow for a loss. My puts are out dated and i am gonna play aapl from the long side the next couple of weeks. Selling in the money covered calls on strength.

I sold my VXX yesterday as a day trade.

Still short sugar and getting hammerred.

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