My STP Jan 15 Put turned out well. Not too good for my AIG Jan 35 Put. I ended up with a lost of $31. I rolled over to AIG May 33 Put which was traded at $7.15. An approximate 4%/month not factoring in compounding interest.
I need to watch my STP Feb 16 Put cautiously now that earning season is here. STP result is due March 4.
All in all my Jan trade ended with ~2.9% gain. As long as I could maintain this and not overly ambitious, I am happy.
One thing that is hurting my overall portfolio is the long positions that I have. It has been dropping quite a lot late. All my AIG, BAC and C are in reds... :(
Monday, January 18, 2010
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