No changes to my positions.
NYX - call calendar
DRYS- naked put
IBM - iron condor
NTES - bull put
Thursday, September 10, 2009
Day 20, $21,389
Markets had another up day, fifth in a row. The Feds have stated that the recession is over and the economy is recovering, the initial claims numbers came in better than expected, the stock market has hit new highs for 2009 and everyone seems pretty happy. The contrarian side of me makes me wonder, but play the trend. The trend is your friend. Cautiously bullish to flat. So far the trades are looking good, time decay is on my side.
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