Trade!
Taking the profits on this one off the table. Now that it's deep in the money, I don't feel it's worth the risk of losing my gains here.
Sell to close 1% (initial) position in SPY Jul10 108 put @ $6.13, +258%.
This blog is a record of my market thoughts and trades in real time. I started trading with my savings in January of 2007. My strategy is based on macroeconomics. My idol is George Soros. My style is based on identifying where mainstream market beliefs differ from mine. You may email me at levinegregoryj@gmail.com. Thank you.
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