a daily journal, of sorts

Tuesday, April 12

The Trading Plan Begins

Culling from options trading ideas of years past - profitable on paper but never put into practice - it's time to begin tracking my picks here and gauging their performance.

  • Going long XLK (Technology Select SPDR) while shorting XLE (Energy Select SPDR). Using options. Over the next 30 to 60 days. Rationale: technology and other non-energy dependent sectors typically perform well in the immediate aftermath of an oil shock, which we're experiencing now.

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