Thursday, January 3, 2013

mar Coffee (update)

After I was stopped out on my futures trades on 12/31, this market put in another double bottom yesterday after the first one failed.  I don't have any futures positions on, but still holding those option positions from mid November:

11/14 bought 1 KC Mar 160 C @ 5.40
11/26 bought 2 KC Mar 150-162.50 C spread @ 3,112.50 debit

I will continue to update this market as I still anticipate a nice sized rally coming this quarter.  Let's see if it happens in time to profit on those options trades.

1 comment:

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