Clean Up Time

I took profits on a part of my long treasury position by buying back naked TBT calls that I was short. I was short the 50 strike calls expiring this Friday. No need to keep cheapie options hanging around that could bight me in the arse. I remain short shares of TBT.

3 comments:

Anonymous said...

What's your call for end of day? Sell off into close or yet another rally?

Tsachy Mishal said...

I don't have a strong feeling but I think a selloff. I will probably take some profits if we melt into the end of the day but still remain short.

nicasurfer said...

what indicator do you use for maximum overbought or oversold.

RSI daily, etc?