A very trying day that will probably finish folding out tomorrow.
I have open 2 GE puts, 1500 CTX and 600 FNF.
I should have already been out of both CTX and FNF but tried to get a little more on both and it went the other way. My actual exit bid on CTX was the bid @ 23.82 but the low on the bar at about 1230 was 23.83 and then moved higher without looking back. The better course of action on this would have been to move up and take 50 cents per share instead of holding out for that much (about 75 cents per share at that time)
Watching CTX rocket after 2pm was no surprise and I will see about shorting some more in the AM if still higher than the high of today.
FNF moved up about 21% today. same thing here. I would expect a pull back tomorrow by afternoon.
both CTX and FNF have the 60 day below the 90 day. both have the 60 and 90 day breached with todays bar not yesterdays. (CTX doesnt matter as I should have exited at the correct amount)
open ~ -3000
+ 188 for the day
+544 for the week
+7432 for the month/year
I have open 2 GE puts, 1500 CTX and 600 FNF.
I should have already been out of both CTX and FNF but tried to get a little more on both and it went the other way. My actual exit bid on CTX was the bid @ 23.82 but the low on the bar at about 1230 was 23.83 and then moved higher without looking back. The better course of action on this would have been to move up and take 50 cents per share instead of holding out for that much (about 75 cents per share at that time)
Watching CTX rocket after 2pm was no surprise and I will see about shorting some more in the AM if still higher than the high of today.
FNF moved up about 21% today. same thing here. I would expect a pull back tomorrow by afternoon.
both CTX and FNF have the 60 day below the 90 day. both have the 60 and 90 day breached with todays bar not yesterdays. (CTX doesnt matter as I should have exited at the correct amount)
open ~ -3000
+ 188 for the day
+544 for the week
+7432 for the month/year