We continue to hold all open positions. We see no reason to exit any but this one.
Just yesterday, before the market ran up on absolutely nothing, we issued a buy alert on the DIA November 2014 169 put. Shortly after, we heard that some of you bought between $2.30 and $2.55.
If so, you’re now up between 27% and 41%.
If you’re happy with the gain, sell to close half of it today to secure it. Hold the second half, as we believe the market could pull back to its 200-day moving average yet again.