Wednesday, November 3, 2010

Out of AMZN Options, Long S, Short JPM

Out of AMZN, turns out IT was the one that rallied hardest to come back in line with AAPL, NFLX etc. Lost $117 (Gotta keep the losses cut)

Long 500 S @ 4.01 (Protection Trade)

Short 100 JPM @ 37.79
-Weak stock, sector
-Resistance @ and above $38
-Will add higher

A Lot Of Things Are Setting Up For Shorts...

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