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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="D1984" data-source="post: 16397949" data-attributes="member: 170122"><p>I finally sold my SPY calls. Picked up a few more puts to hedge as well. The puts I had last week expired worthless obviously. I'm up about 200% this week when you account for losses in other areas (like those puts) but now I ONLY hold puts which may not be a good idea. If we get a pullback I'll load up on some more SPY calls. 287 is the next historical resistance but I wouldn't be surprised if it struggles right here at 280. I don't think I'm gonna play oil any more until seeing the real effects of the slump in demand. They aren't cutting enough to do anything to prices.</p></blockquote><p></p>
[QUOTE="D1984, post: 16397949, member: 170122"] I finally sold my SPY calls. Picked up a few more puts to hedge as well. The puts I had last week expired worthless obviously. I'm up about 200% this week when you account for losses in other areas (like those puts) but now I ONLY hold puts which may not be a good idea. If we get a pullback I'll load up on some more SPY calls. 287 is the next historical resistance but I wouldn't be surprised if it struggles right here at 280. I don't think I'm gonna play oil any more until seeing the real effects of the slump in demand. They aren't cutting enough to do anything to prices. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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