WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
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Unbelievable movement of the market

I am surprised what moves the market today. When you look at all data coming out of Europe and the US, one cannot believe this market is rising. Well, it is happening (maybe today I should say it was happening, since I think we are at reversal). I swallowed my pride, sold my SPY puts with a loss and move on. Since I believe the market is pointing down I replaced the puts with new SPY put holdings with higher strike price.

Next time, I have to respond quicker then I did this time and didn’t exit fast enough.

Happy Trading!





2 responses to “Unbelievable movement of the market”

  1. Colin says:

    Great investing advice!

  2. Alma says:

    What else to say? Great web about stock investing!

  3. Brent says:

    Stock Investing…

    […]Unbelievable movement of the market | Hello Suckers …[…]…

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