Thursday, November 13, 2008

Bought HK puts

It was cheap... boy did the market move fast. I paid a few bucks more to get HK dec 7.5 put, since my initial limit order didnt go in earlier (i thought the market would go a little higher thus i would get an even cheaper put). If the FLY is right about this going single digits, this will be good winner. We shall see what tomorrows oil report does to the energy sector.

I am done for today. my FXI puts were never in the red today, altho they were never up huge either. Slow moving yes... but at least profitable. AND most of all manageable.

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