Seeking Alpha
  • Ricardo Espinosa
    UUP touched resistance at 1st pivot 22.26, and bounced back down to close small red, Euro will strengthen following weeks, SPY to follow.
    3/7/12
    Reply (3)
    • Ricardo Espinosa: Sold SPY 137 March puts yesterday @2.96, bought weeks ago @2.83, conflicting between my charts is ElliotWave-next week will be the tell.
      3/7/12
    • Rubenov: That was a long hold... at least you made money. I'm very hesitant to buy plainly puts... using spreads instead.
      3/7/12
    • Ricardo Espinosa: I think I´ll play only spreads too, got rid of SPY puts, TVIX, USO short call spreads, got in GLD 164/167 call spread & PPO call spreads.
      3/7/12