Investor's Opinion

Portfolio Update

Published: 2010-11-11 00:59:00 EST by Unknown

Well that was a lousy day in the market for me. I got stopped out of both my SLV and UNG option positions for a loss on both. SLV stopped out at $1.26, a little under my stop of $1.28, for a loss of about 26.9%. UNG stopped out at $0.38 for a loss of about 2.6%. Both are looking like they are pulling back. At some point in the near future, I will probably try re-entering.

That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

SLV - iShares Silver Trust ETF
UNG - United States Natural Gas Fund ETF

Labels: call options, opinion, option strategies, stop-loss

Updated: 2010-11-11 01:10:46 EST