Wednesday, July 10, 2013

My Options Account on July 10, 2013

Today was a good day for me.  It was a little frustrating because I wanted Apple to go down more.  I wanted Apple, Netflix and Priceline to go down and they were all down today so I feel a little better.  I was up more than I lost yesterday ($1,674) so that is a plus.  However, I still need the overall market and my stocks to decrease (or at least not increase) but the Fed is saying the right things to keep the market going higher.  I really hate hoping for a decrease in the market but my strategies play both sides.  We'll see what happens tomorrow.  I have made some adjustments to my account and now hold 12 contracts of Apple 410/405 Put Credit Spread.  This seems like a very safe position to be in at the moment.  I am much more concerned about the call spreads for many of my options. 

Jonny

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