Welcome to my blog. Here I will update you with my perspective on the current factors affecting the stock market as well as information on various stocks I’m looking at or am already involved with. I will try to give you a heads up as best as possible on various positive or negative indicators that you should be paying attention to in the market while also explaining my beliefs and approach to the stock market. Feel free to ask questions on twitter whether they are direct messages or public. Good luck out there.
Mike
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Tags: Investing, Stock Charts, Stock Ideas, Stock Market, Stock Market Lessons, Stock Picks, Stocks, Trader, Trading
STO March 178 calls 10 contracts for 2.35 (+2350) STO March 164 Put for 2.40 5 contracts (+1200) The net cost of this trade is $800. I will go equal weight on the puts if the price of GLD falls more. If the position starts moving in my direction I may close down the put position or add some one at a time at a higher strike to fully finance the trade