I’m not trying to fight the tape any more. I’ve learned from my mistake of holding back while the charts weren’t saying to give up yet. I was too bearish for too long and now I’m just along for the ride again. I came back to the iShares MSCI Emerging Markets Index ETF (EEM) today and while I…
Tag: EEM
Options Expiration – October 2009
I had a good month to be short options. Every one of my short positions closed out of the money leaving me with a full profit on each one. I could’ve written higher strikes and made more money, but opted to go with out of the money naked puts for all of these except for EEM,…
Opened New Naked Puts on SSO & EEM
After finally seeing the S&P 500 fall more than 5% from its intraday highs on September 23rd I decided I shouldn’t stay on the sideline too much longer. I’m not necessarily saying this is a bottom, but do believe that after we’ve come down 5+% off the top, hopefully there’s only about 5% more room…