Just like the $CPCI (detailed earlier), the rest of my portfolio is also setting up for an early 2010 selloff.
Of course, I did the same at the end of November/beginning of December…to mostly terrible results (December has kicked my ass to the tune of -7%…more on that tomorrow). Here’s hoping that this time, it will indeed be different:
For my last potential new trades of 2009, I have the following lined up:
- puts: CLF (@46.22), CMG (@89.), CRM (@72.16), FLR (@44.75), FST (@22.44), GOOG (@618.), LAMR (add @31.21), PNRA (@67.34), QQQQ(@45.93), RIMM (@66.50), SPY ($CPCI-system trade)
- staddle: PM (more on this later…)
These last 15 minutes have turned the last day of 2009 into quite a profitable one. The SPY puts based off yesterday’s $CPCI reading are doing very well, up 20% today.
Booking SBUX puts and SRS calls for small wins and the last trades of the ‘old’ year.