SURVIVING THE GAME
FEBRUARY 3, 2009
2009 – 9

Markets sliding sideways. No news to generate much action either direction. FEB DIA position just sitting $150 or so above exit stop. You will either be stopped out at $750 on the next leg down and book a nice profit or pocket an even larger gain should we manage to rally.

Soybeans moving lower again. Close out 1010 straddle. Currently 81-85. Sold at 102.5 on Jan 26th. May re-enter a new straddle at lower strike price.

AA and AAUK up today, no fills yet on options in those stocks. No fill yet on XIU JUN $14 calls yet. Keep orders in for now.

Options Guy
Editor
Surviving The Game

optionsguy@shaw.ca