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Friday, January 15, 2016 5:31:08 PM
just back online again at 10km and surveying the damage.
i ended up getting hosed on my puts as United turned off the wifi before i got my sell order filled.
SPY was dropping at the time, so i was fishing for a bit higher.
then when they announced we needed to turn off devices for landing,
i went to hit the bid, but had no connection.
oops...
but the real learning moment was that i didn't set a stop order
when the put premiums spiked steeply midday at that LOD point.
i was up nearly double
so a no-brainer to set a stop.
but seeing SPY tanking, i decided that was a safe time to hit the bathroom.
by the time i got back the spike had dropped and i was only up 10-20%.
so planned to exit on the next big dip,
and was about to do so when the wifi cut out.
morale of the story:
set effin stops.
esp before going to the bathroom...
decided to hold my jan22 calls and UWTI into next week
on the notion that we should bounce by jan22.
but didn't load more calls because i'm wary monday might see lower still before the bounce.
crazy week overall...
gonna catch up on msgs here to see how everyone else ended up...
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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