Thursday, February 24, 2011

2/24 Daily Summary

Today I did a partial cut and roll on my position, moved 3 of my 5 put spreads, the goal is to watch the market Tomorrow morning and continue to cut and roll if we're showing signs of stabilization. I may leave things along till Monday just to be on the safe side as I rather not initiate spreads right before the weekend. Either way, this is a matter of watching the market and increase the theta slowly because of my current P/L being past my 1:1.5 level, so want to keep that in check.

No comments: