IWM 42 Put @2.39

3/31

Position down after still bullish market.

3/23

I added one additional 42P contracts. I'm betting that the markets will pull back. The IWM went up 3.4 (+8.5%), which is a ridiculous rally. My loss target was breeched. I should be getting out and adjusting, but I'm going to hold for the next day and wait for a pull back. This is when losses get out of hand, failure to follow your risk management plan.

WBT BOT +2 IWM 100 APR 09 42 PUT @2.39 NYSE, IWM MARK 41.72,

Will exit when IWM at 39

Stop Loss: exit when close above 43