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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,263.34
(
0.27%
)
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JimQuinceH

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JimQuinceH

Re: ik post# 147

Wednesday, 04/30/2008 9:15:52 AM

Wednesday, April 30, 2008 9:15:52 AM

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IK, I sold my XLE (Energy sector) PUT Option, since I think the price of Oil won't drop a lot and I had a 22% profit in the Option. Although the broad market will drop into the 40 week cycle low, due the third week of May, I am not so sure that the Oil sector is going to particpate much, in that decline.

Sometimes a Bird In Hand Is Worth Two In The Bush.

Jim
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