Wow, I guess nobody really cares anymore...lol
Anyway, I was very lazy and stupid this month...hardly paid attention to the trade, but did watch it creep up and past something like 20 deltas as I was approaching 20 days to expiration. I was up a little bit at the time, and decided to do nothing and watch it more closely...
Then it went a few points ABOVE my upper strike limit (1200)...and I still did nothing...I was down a couple of hundred, but saw on the daily chart that we were at possible resistance...
Still holding today...and as you know, market dropped on decent enough volume...going to watch this thing very closely, but as of now, still holding...about even for the trade overall at end of day...and hoping for a nice pullback the rest of this week...if we break the high of the last two days, I will probably bail with a decent loss (probably about $500-$700 or something along those lines).
Just wanted to keep all three of you up to date on my December trade...
