Monday, September 14, 2009

Day 22, $21,786

Markets started the day lower today based on news regarding US imposing larger tariffs on Chinese tires, but by the end of the day, all three indexes made their way into the green. No change to current positions. Getting close to primary exit point on my call calendar so I put in a limit order good until canceled to do just that.

My iron condor and bull put are currently in a good position to expire worthless by the end of the week. If that happens those trades would also be closed at their primary exit point.

DRYS had another strong move up today, almost 6%. This bodes well for my naked Jan naked put.

I am also working on some additional content for the blog. I will start to include weekly charts that will help track Johnny Trader's progress and compare it to Dow, Nasdaq, etc.

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