Friday, October 30, 2009

Gut check time -- time for The correction?

Market is skittish today, VIX above 30.  None of the news looks particularly ominous to me.  Doubling up on the SPY trendline staying in play.    Bought SPY at 104.22,  sold-to-open 105 Nov calls at 2.27 for net investment of  101.95

2 comments:

Valeriobrl said...

Ready to short VIX on monday...

VanceH- said...

Looks to be a good idea. I've been thinking about doubling up.