SPDR S&P 500 (SPY)

[Neutral Man]

TAKE-ing on CASH and Profits buying back dem Jun45 puts in anticipation of a move down to back-test the YTD OE Pivot, 44.46!!

BtC, 480 Jun45 puts at 1.64, .15 gain, NICE Start!!

Thanks BOYZ!!


JunOE Open positions:

BtO, 240 Jun44 puts at 1.40
BtO, 240 Jun44 puts at 1.35
BtO, 480 Jun44 puts at 1.41

BtO, 480 Jun47 calls at 0.63
BtO, 480 Jun47 calls at 0.63


Total gains for the JunOE = 1.86 against 40 contracts

24May10, posts as 1.86 against 40 contracts
StO, 240 Jun45 puts at 1.79, BtC at 1.64, .15 gain
StO, 240 Jun45 puts at 1.80, BtC at 1.64, .16 gain