Thursday, September 22, 2011

SUCCESS STORY

Jerry, below are my realized gains with only one small loss occurring within 5 trading days. Since we gapped down, I exited TZA before my sell limit but all others hit my mark with an automotive execution. I have another $2,200 unrealized gain that I am comfortable waiting for. Thank you for the advice. Ken

Description

Bought

Sold

Gain/ (Loss)

10 GE puts

1,377.49

2,192.34

814.85

5 FAZ calls

3,963.74

10,960.98

6,997.24

5 XOM puts

2,208.74

3,836.12

1,627.38

2 IBM puts

1,551.49

1,138.48

(413.01)

10 PFE puts

1,237.49

1,492.36

254.87

5 TZA calls

3,513.74

7,761.05

4,247.31

Total Gain

$ 13,528.64

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