Today was just one of those days. I needed Apple to go up and Google to go down and the exact opposite happened. I was in a position where I had three choices, hold, buy back one of the two or buy back both. I decided to buy back both Apple and Google positions for a partial loss. It was the right move at the time but it sure hurts taking big losses. If I would have held Google I would have gained a full profit on my 675/680 call credit spreads. But how was I supposed to know the stock would dive with 20 minutes left in the day?
Anyway, I lost a lot on the day but overall I made just over $300 on the week. A 2% gain in a week isn't bad but I feel very disappointed with how things ended. I'm confident next week will go much better.
Jonny
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