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]]
Short [[PWE]]
Long [[TZA]] with a sold covered call (Feb $40)
Short [[SDS]]
Short [[FSLR]] 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.