Tuesday, April 9, 2013

Close out lower part of trade

I closed out the lower portion of our trade on the impressive rally of the S&P 500. Was able to buy back the 1495/1485 strikes for $2,750. The current rally is putting pressure on the upper section of our trade. I will keep an eye on the market as our plan will be to roll the 1600/1610 trade out on a decent pull back in the SPX after this quick rally.

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