Rolled Back Into FAZ, SRS, SSO puts, TZA

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November 12, 2009

I rolled back into FAZ, SRS calls, DRV, SSO puts, TZA, MCO puts, and SMN today. I think I included an AIG chart to go with this. I also went short with 2x funds. I’m expecting more movement lower due to the break of my SPX level mentioned in the post before this one. Today we also closed beneath the next level.




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  • redvetttes

    will you stay short for the weekend on a Week down day

  • http://www.stockrake.com StockRake

    I did stay short, but covered most of it this morning, intraday, and at the close. I'm short the RUT and have a small position in FAZ calls as well as MCO puts. I was really heavy short heading into today and the move didn't materialize.

    Had a few nice scalps on the day in FAZ calls, SSO puts, as well as FAZ stock.

  • http://www.stockrake.com StockRake

    I did stay short, but covered most of it this morning, intraday, and at the close. I'm short the RUT and have a small position in FAZ calls as well as MCO puts. I was really heavy short heading into today and the move didn't materialize.

    Had a few nice scalps on the day in FAZ calls, SSO puts, as well as FAZ stock.