I just sold my March 44 puts for a nice 46% gain in a couple of days. I was in at $1.09 and out at $1.60. I was only able to get into 10 contracts so that was only a $500 gain to my portfolio.
But still, not too bad for a couple of days holding. The markets are still looking week and there maybe some more downside today and also on Tuesday. I just didn't want to hold without being able to watch the markets the rest of the day. I also didn't want to hold over the long weekend.
So I'm out for now an I'm heading to lunch.
I will probably be looking for long positions on either Tuesday or Wednesday of next week.
But still, not too bad for a couple of days holding. The markets are still looking week and there maybe some more downside today and also on Tuesday. I just didn't want to hold without being able to watch the markets the rest of the day. I also didn't want to hold over the long weekend.
So I'm out for now an I'm heading to lunch.
I will probably be looking for long positions on either Tuesday or Wednesday of next week.
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