Thursday, May 16, 2013

Into Some SPY May 31 '13 $164 Puts @ $0.87...


10-Year US Treasury Notes seem to be in free-fall...

Not betting the farm as I still have some May 24 '13 SPY puts...

Will aggressively front-run the bulls with SPY put buying if we get definitive downwards momentum, but these additional puts will offset some of the losses if I doubled up too much on my calls...

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