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Bull Bear Trades

Thursday, May 14, 2009

$SPX SPY

I just purchased some SPY JUL87 PUTS (SZCSI) @ $3.85 for insurance/downside protection.

Update: Purchased more SPY JUL88 PUTS (SZCSJ) @ $3.73

Posted by Hakim at 5/14/2009 10:37:00 AM

Labels: INSURANCE, options, PUTS, SPY

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All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational and educational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Any action taken by the reader or follower may result in the loss of capital and is committed at your own risk. Before acting on any information, you should consider your risk tolerance and financial ability. You could lose all your capital.

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Disclaimer and Important Notice

All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational and educational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Any action taken by the reader or follower may result in the loss of capital and is committed at your own risk. Before acting on any information, you should consider your risk tolerance and financial ability. You could lose all your capital.