DIA MAR10 Overnight PUT Trade – Expires Worthless
February 25th, 2010, 3:52 pm EST. Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , CLOSED, DIA
107.34 (-0.61)
03/19/2010 – ThetaOptions Margin Portfolio - DIA PUT Spread Expires Worthless
Our FREE Bear PUT spread will expire worthless today. It turns out we should have bought the 105’s for .25 or so when we had the chance….we honestly didn’t think the market would rise 5% this month…..but I guess anything is possible when Goldman Sachs is in total control of the market. You just can’t bet against their trading engines why they’re programmed to BUY,BUY,BUY or at least told NOT to SELL, SELL, SELL….at least not yet
GS needs to pump this market up while they buy the PUT protection in-order to assign stocks to all those suckers!