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"The only way to trade with Fibonaccis" journal
- Thread starter 1a2b3cppp
- Start date
9/15
SPY -$12,027.00
hedge $2,237.40
Net for this trade
-$9,789.60 (unrealized)
+$1,223.60 (realized)
+$2,931.69 (realized)
+$1,129.72 (dividend)
------------------------
-$4,504.59
I think tomorrow is ex-div day.
The hedge is getting smaller. I may close it if it gets down to $1,000. It would've been cool to close it at +$6,000 or +$4,000 but I have no idea where price is going and I didn't want to close it too early. The hedge is just a bonus, though. Whether it's +$1,000 or +$6,000, that's still extra money.
SPY -$12,027.00
hedge $2,237.40
Net for this trade
-$9,789.60 (unrealized)
+$1,223.60 (realized)
+$2,931.69 (realized)
+$1,129.72 (dividend)
------------------------
-$4,504.59
I think tomorrow is ex-div day.
The hedge is getting smaller. I may close it if it gets down to $1,000. It would've been cool to close it at +$6,000 or +$4,000 but I have no idea where price is going and I didn't want to close it too early. The hedge is just a bonus, though. Whether it's +$1,000 or +$6,000, that's still extra money.
Today is the ex div date. The dividend is $0.6249. With 5,700 shares that is about $3561.93, payable on 10/31/2011. I'm going to include this in the totals since I will be paid even if I sell my position before then.
9/16
SPY -$10,602.00
hedge $1,897.23
Net for this trade
-$8,704.77 (unrealized)
+$1,223.60 (realized)
+$2,931.69 (realized)
+$1,129.72 (dividend)
+$3,561.93 (estimated dividend)
------------------------
$142.17
Net positive right now even tho SPY is -$10k.
9/16
SPY -$10,602.00
hedge $1,897.23
Net for this trade
-$8,704.77 (unrealized)
+$1,223.60 (realized)
+$2,931.69 (realized)
+$1,129.72 (dividend)
+$3,561.93 (estimated dividend)
------------------------
$142.17
Net positive right now even tho SPY is -$10k.