Wednesday, July 7, 2010

07/07 Daily Summary

I’m working my way out of this paper trade, rolled the last 2x 1725 puts to 1700 and Tomorrow I plan on closing out the long AUG 1675 Put as well as closing a few remaining spreads. Bottom line I was able to recover some profits from the max loss level but since I started playing defensive I did not recover my P/L the way I would like it to be. As I look at the daily summary chart I want to point out the fact the number of days over 1 st. deviation for the last 30 days has increased from 30 to 40% in the past 7 days.