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My Friends Know…

August 28, 2007 at 3:40 pm by Will

My friends know how I agonized all weekend over taking the reversal signal my little system gave me Friday. This morning, I added ATM (at- the- money) Puts with some OTM (out- of- the- money) Calls as insurance. For you Greeks, the delta was weighted pretty heavily towards the Puts. As of this afternoon, the agony I experienced over the weekend has, shall we say, subsided:

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3 Comments

1. LP said,

   August 28, 2007 @ 5:42 pm

   More cheer leading…Go Will

2. Will said,

   August 28, 2007 @ 6:01 pm

   LP- thanks so much. I’m old enough to know this little run I’m having is mostly good fortune, but I’m sure enjoying it while it lasts!

3. LP said,

   August 28, 2007 @ 10:04 pm

   Will…enjoy every bit of it and give back very little of that pleasure…I’m really happy for you and I sincerely hope this run lasts a while longer…

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