Monday, August 11, 2008

My gamble too squeeze more time decay and bet that the RUT would go down a little further since last week has hurt my calendar position. At one point last week I was up 25% and with the big rally in the RUT, I've gone from +25% to -50% on my position. This nearly wipes out two of my trade gains on the calendars. There are 3 days left til expiration on Thursday. I"m hoping for a slight pullback in the RUT to get out hopefully at a much smaller position.

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