Replies to post #103787 on SPDR S&P 500 (SPY)

[youaretheone]

the only reason why i am not short right now is that copper is staying strong...sunday and monday it has traded well above the 89sma, and did not participate in the sell off late in day...so, if this is a repeat of feb. 8th, where they tried to catch bears short, then gap up the next morning...i will wait till the first hour after open to see what's up...we absolutely need a gap up or else, this is going to get uglier and uglier...and stay oversold all week

[Neutral Man]

USE-ing the GAP down to take on CASH and Profits selling our Jun44 puts!

BtO, 960 Jun43 puts at 1.55!!

StC, 960 Jun44 puts at 1.98, .50 in gains, SWEEEET!!

Thanks Boyz!


JunOE Open positions:

BtO, 960 Jun43 puts at 1.55

StO, 480 Jun46 puts at 2.02
StO, 480 Jun47 puts at 2.47

BtO, 480 Jun47 calls at 0.63
BtO, 480 Jun47 calls at 0.63
BtO, 960 Jun47 calls at 0.56
BtO, 240 Jun44 calls at 2.21
BtO, 240 Jun44 calls at 2.15


Poor-Boy Port (Open Positions)
BtO, 10 Jun4 calls at 0.17 (C)

Poor-Boy YTD numbers:
MayOE, -0.56/ 10 contracts
JunOE, n/a

Total gains for da-Poor-Boy Port against 10 contracts = 0.20
BtO, 10 May15 calls at 0.40, StC at 0.60, .20 gain (FITB)


Total gains for the JunOE = 27.36 against 40 contracts

25May10, posts as 14.10 against 40 contracts
BtO, 240 Jun44 puts at 1.40, StC at 1.98, .58 gain
BtO, 240 Jun44 puts at 1.35, StC at 1.98, .63 gain
BtO, 480 Jun44 puts at 1.41, StC at 1.98, .57 gain

24May10, posts as 13.26 against 40 contracts
BtO, 960 Jun44 puts at 1.20, StC at 1.38, .18 gain
BtO, 480 Jun43 puts at 0.90, StC at 1.05, .15 gain
StO, 480 Jun43 calls at 2.90, BtC at 2.75, .15 gain
StO, 480 Jun46 puts at 2.00, BtC at 1.86, .14 gain
StO, 480 Jun47 puts at 2.60, BtC at 2.45, .15 gain
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