Seeking Alpha
  • Ocean Man
    Bought some weekly $168 $SPY puts for $1.42 as a hedge protecting some nice portfolio gains. S&P up 2% from the lows last Tuesday.
    9/9/13
    Reply (7)
    • Ocean Man: Added at $1.22 as SPY touched $167.50.
      9/9/13
    • Ocean Man: And again at $1.12.
      9/9/13
    • WheelsComingOff: SPY looks like it is going higher after today, no? RUT broke out of a descending TL, Nas futures just broke out
      9/9/13
    • Ocean Man: I'm still net long, just hedging a bit. Syria and Fed meeting in next 9 days.
      9/9/13
    • Optionstrader7: adding more puts this morning?
      9/10/13
    • Ocean Man: Yes, added to these at $0.64.
      9/10/13
    • Optionstrader7: yes, opened some at .62 might add later depending
      9/10/13