Wednesday, June 13, 2007

ooto

Options expiration week usually kicks my ___. Of late, I solve that by doing very little trading. I still have some of my bear call spreads, but only ones that are out of the money. Like a RUT 850 - 880 June spread that should expire worthless this week. The 850's are trading .3 - .4 spread. I usually close these out to be tidy, but today I will let it go.
I am also working a lot this week and don't have a lot of time. It is best for me to avoid trading if I can't focus on it. I'll be back in tomorrow.
FWIW I think we get a bit of a pop today, but I'm not trading it.

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