Strategy, Approach and Statistics

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Thursday, February 2, 2012

Texas Instruments Position closed at 11% Gain

Texas Instruments position was closed later in the day for 11% gain in just three days. You will still have a chance, probably at a better price, if you didn't execute it yet.

Short leg of SPY spread (Feb 03) will expire tomorrow. Either we will close the position (Target $3.15) or rollover to the next week for even greater profit. The best gains will come if SPY settles at 133. It means that a slight upside will bring more gains in SPY, and a down market should help EMN position. At the market close today, all positions are in money (or at break even) and I am expecting over 10% gains tomorrow.

I hope executions were easy today for all of you. Above 18% gains tomorrow should close the week in the positive territory. 

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