Took a quick penny trade.

[noob_trad3r]

long 10 puts, 40 dollars (138 strike expires this week.) on SPY

If FOMC and the other economic news spook the market I could make some change.

or lost lunch money.

 

[noob_trad3r]

looks more like lost lunch money.

IV crush and rapid theta decay sucks.

I never have made money going long options.

 

[noob_trad3r]

I wonder if Durable orders will kick it up a notch. Still some hope for friday.