Feb 6 #fuzzy
I used the MU rally to liquidate. Liquidated MSFT too. FXE closed for 50% target. Lots of Fuzzy Bear trades today on SPY and QQQ have helped me reclaim over 50% of my YTD profits.
SPY bear: Feb 16 expiration, sell ATM call, Buy ATM put, Buy ATM+2 call. Do not hedge for fast movement with the market. Set a GTC-close so a cover order is in the system. (Tip: the fastest way to create a fuzzy close order is to open your “filled orders” right click on your order and “create opposite order”).
Sue