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Thursday, September 17, 2015

Today we sit back and wait

So today nothing happens until Yellen talks this afternoon. I tried looking at my MRTX put end of the spread and things haven't dropped enough yet. We already did make 87% off of the call, so we are pretty much good with a slight loss on the put side.
If the market takes off today, whatever. If the market tanks and tanks more tomorrow, we will exit the put.

Other than that, there will be low volume today as everyone stands around waiting for the announcement. Then volume will roar up and everyone will jump back in. So if you have work today, or something else to do, go do it and come back here at 1pm CST.

Tradinginsider

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