Wednesday, July 9, 2008

Put buying... Argh! forgot to buy MAR!

GOOG aug400put (450 pm EST)
DIA aug111put (452 pm EST)
CHL aug65put (456 pm EST)

So how did i forget to buy MAR!!! They report before market opens tomorrow... But i have been squawking about this one in the past and now that the time has come i forget to buy puts... ridiculous!!!

The Casinos got whacked today... didnt pay attention again... too many ʻoptionsʻ

Anyway, Bear Market/Bear Market/Bear Market... i dont know what bottom some are calling but it aint here yet. I have be content with my positions and not cry about missing MAR. GOOG may pay out in spades if Tim is right on again... He has featured RIMM & PCLN when they were barely showing bear signs. I will give a mucho grande props for him if he is right on with GOOG. They report July 17 after market closes, i may buy some puts that day, but we shall see how this week goes til then with what i have.

Btw, if $oil/barrel crosses <130 i am buying puts in USO... I may try my IYR theory again

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