Re: Crude Oil (CLU15) .. Insider/Silverbear
I tripped on my ego. I was heavy on PUTs, and then I covered them all on the
low of the move. Then a hard look suggested it was a good buy, my first time
in a long time I bought CALLs... The market responded well, and I bought more
then I realize I had stuck my head in a trap. Next morning closed out 50%... shortly
after 100%. I had been in Aug Sept and Oct. I licked my wounds, and tried to justify
I only gave up a small part of early profits.
I decided being Friday I would find something else to do, and look at it Monday. Then
as you know the market started taking a hard slide.
I bought some CALLs... for Monday opening.
Tripping on an ego can cost money.