Short DAX at 7740

I am out of all European stocks. Simply flat. Good to have this sort of button :


exit_lg.jpg
 
This situation is not what I wanted for DAX and my straddle.
I wish my straddle position was much larger and I could delta hedge, :-).
I was quite anxious to see DAX above 6.5k, I just hope it will move towards 6k.
(Did I use word hope ?! Well, I guess it is time to close that bleeding loser.)
 
Quote from archimg77:

This situation is not what I wanted for DAX and my straddle.
I wish my straddle position was much larger and I could delta hedge, :-).
I was quite anxious to see DAX above 6.5k, I just hope it will move towards 6k.
(Did I use word hope ?! Well, I guess it is time to close that bleeding loser.)

I like always to buy calls when there is selling panic. You get "everything" cheap. :) Buying 6300 Oct call hedge - of course reinvest from profits early in the morning.

Time for lunch.
 
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