Trade Updates, January 7
- Bought TZA
- Wrote a covered call on TZA – if called, 11% profit, 22.5% downside protection
- TZA for a quick trade, bought and sold
- Shorted SSO twice
- Shorted SDS
Holding overnight:
Short (DGP: 29.45 +1.03%)
Short (PWE: 19.51 -0.76%)
Long (TZA: 31.85 +0.63%) with a sold covered call (Feb $40)
Short (SDS: 32.56 +0.96%)
Short (FSLR: 135.50 -1.12%) Lord help me
Edit: I covered SDS and opted instead for two Feb’09 $92 SPY calls.
I will post DGP, PWE and SPX charts later.
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