Friday, December 13, 2013

My spread result

I happened to jump in when markets are in a reversal mode (isn't it always? :D).

PCLN went close to all time high, but then turned around, sold off very hard, making my spreads in the money. What's worse was I created another put spread 1175/1170 to offset some, but boy was I wrong. This added another $200ish loss.

AMZN acted great, but again, it turned around and ended up being a scratch trade.

NFLX was the only one that did well with a max profit.

I'm still holding USO. It's about -$125, but it's a long term position, so we'll see.

I'm overall about -$70 for the year. Good news is I was able to pull the trigger and I'm still surviving.

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