SURVIVING THE GAME
NOVEMBER 19, 2008
VOLUME 1 NUMBER19


Markets continue to bounce around near their lows. We’re hanging in, down about 3 % on portfolio. Execute the following trades.

Sell 15 DIA NOV 80 puts. Currently at $125.00
Place stop on DIA NOV 92 puts at $1150

This eliminates the spread position and we exit if market continues down. Selling the 80 put captures gain on that position before we expire on Friday.

There are several ways to place a stop on the 92 put, the easiest is with the mini-dow futures. Call if want help with that order.

Dave Knight
Editor
Surviving The Game.