Replies to post #25246 on Langlui's Big Board and Options Plays

[langlui]

newair, I am still holding SPG puts. As I have been saying for a long time, commercial real estate is the next sector to get hit hard. People don't realise that. There are tons of vacancies and businesses closure, how do SPG survive? I can't believe that it has been holding the $30 support and bounced off it every time. I guess we need a market correction to help us out. If not, SPG will just rally along with the market which is sick.

I am holding SPG $30 puts and I sold half yesterday to lock in profit, so basically I am holding freebies. Yet it sucks to see my profit turned to $0 when i was up nicely yesterday.