Thursday, August 27, 2015

Exit SPY and MU Call Options

If you took any of the trades suggested in the comments earlier this week, the SPY trades should be up in excess of 100% currently and I would recommend exiting today rather than wait for tomorrow.

The MU calls are also in a modest profit of around 50% and I would suggest exiting them with a market order currently.

My feeling is that we will see another pullback and retest of this week's bottom relatively soon, but I don't have the definite stats to suggest any trade here currently.


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