Today’s rally was a rally that turned into a selloff and then came back to again close green. Mixed reaction. Gave the impression that it should open green tomorrow. Some relief. Although, the DOW is still at 8420.00 or so. Not very high.
Saw this rally in the morning and bought some SPY calls. Toward the after noon those were. But closed very good. Bought at 4.98 and set a sell for 6. It closed at 6.3 but the practice account didn’t sell those. Don’t know why. Up a $1,020 by the end. Those are Dec. calls so they have some time. Although, last time I blew my account with MSFT calls, I thought there’s a whole month for them to go up and MSFT only went down. 🙂