After reading some of the material in that document that I sent you guys the other day, I decided to go ahead and book my profits in 10 short puts in GE today. I orignally sold them at $1.56 and bought them back at $0.41. A nice gain of $1,150 or 74% of the time premium I collected. I feel better taking those profits off the table instead of possibly giving it all back. I will let the Calls I bought yesturday ride into earnings tomorrow. A very small $150 position.
It feels nice going home with less risk tonight. We will see what I do with my JPM calls into the close.
DD
Someone famous in finance once said "I sell until I can sleep at night".
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