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Papermoney ‘basket’ update

Posted on February 1, 2008 at 4:11 pm         By Ryan in Papermoney | Disclaimer

So far, so good!  Today the ‘basket’ of positions I opened on the 23rd gained another $2,500 of so of value.  As the VIX(39.08 +0.00) continues to plummet and the indexes move further into positive territory move money moves into the account.

Most of the positions are now worthless, so I’m planning to spend a little cash on commissions and then close them out. There are only about two weeks left until expiration and given this volatile market, I’m willing to spend some money to make some secured gains!

Anyhow, I’ll post updates as the positions are closed.  Trade smart!

Tags: dji,iwm,qqqq,spy,vix

Categories: Papermoney

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