Monday, June 15, 2009

Hedging

Bought 10 SOJRZ (June 26 SSO Puts) for ~$0.45 each. Sold short 200 USO (Crude Oil ETF) @ 38.69.

Sold my remaining commodity plays out of my 401k, now up to 97% cash.

1 comment:

  1. I bought a good chunk of AUY at $9.25... I expect $9 to hold..

    It was $12 a few days ago and I think this is enough of a pullback.

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