Monday, March 2nd, 2009
Today I sold my lone hedge, a March $80 SPY put. That is a bet that the S&P ETF, SPY, will be below $80 on March 20th. I sold it today when the market was making its first attempt below 710. I purchased the single contract on Jan 21st for ...
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Tuesday, December 16th, 2008
I have had a plan for a while to buy long dated puts on the general market should it rally to the 1000 range on the S&P (on news that is not game changing). Since we are getting close and I don't believe that any of the actions lately have ...
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