I was out till 3:00 pm. When i looked at the screen after i returned, it showed a lack of buying strength. It is very reasonable for a Friday session. The buyers have already committed in the last 2 sessions, and the short sellers have covered.
This is the first week that the market has a positive return on a weekly basis after a long decline. This news should have a psychological impact on retail investors. What will they do?
I don't know and i care less. I looked at my own position and adjusted. I sold RUT Mar 430 call at $1.05.
Currently i have 2 positions separately managed:
1. RUT calendar 370 call : No adjustment was made for this position.
2. RUT MAR 430 call ratio: -0.2
RUT MAR 460 call ratio: -0.4
RUT Apr 480 call ratio: 1.0
RUT Apr 490 call ratio: -0.2
Mortgage rescue plan
17 years ago
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