Hi guys, I'm still off of work with the swine flu so I have time to make postings. I'm focusing on trading my portfolio instead of my firm's.
Today's transactions:
My SPY call options are decaying pretty fast. I decided to average down a couple more times by selling stock. AMD sold off 5% right after the bell.. Picked up some more shares for cheap.
-300TWX
-480AFL
+2000 AMD
+500 contracts of DEC 112 SPY CALLS.
I am 100% long for the month of November, 2009 as I believe the S&P is going to at least re-test the 1070 level. The cycle low is today. I expect an uptrend to start very soon, perhaps even on Wednesday.
Updated Portfolio for Nov 03
Symbol Position $ Shares Total equity
