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So it was a rough day for my portfolio which is down about $200 today. DBA and DBC traded down so I took that as an opportunity to add-on to my positions. DBP was up on the day but I decided not to wait any longer for the down turn and also added on to that position. The broader Market was down, which caused a lot of good stocks to trade down, so I actually bought calls on stocks (its been awhile). I placed a vertical Bull Spread on MTL MON and MOS. I bought 1 Mos Apr08 110 Call then sold after a few minutes because I decided that the bull spread is more appropriate, the same thing was done with MTL except I purchased the wrong month (I got March instead of April). I'm waiting on a decline in POT so I can enter a position. I have more trades on the way so visit often. Oh yea Congratulations to the Georgia Bulldogs on a great Win over Ole Miss, Next game today vs. Kentucky @ 9:45 Goooo Dawgs!
Positions Entered Today:
Single:
Buy DBC +4 Apr 08 39 Calls
Buy DBC +2 Jul 08 39 Calls
Buy DIG +1 Apr 08 93 Call
Buy DBE +2 Apr 08 40 Calls
Buy DBA +3 Apr 08 42 Calls
Bull Spread:
BUCY +2 Jul 08 110
-2 Jul 08 115
MOS +3 Apr 08 105
-3 Apr 08 115
MTL +3 Apr 08 140
-3 Apr 08 145
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