My trading update
Last week I have mentioned about weakness in the banking sector, as I have long a few put position on Wachovia stock hitting a 16 year low.
Here is my result for just few days of trading. $1,167.45 risked to $2922.50 realized. 250% gain in just a short few days. Make sure you continue to scout out the weakness in the financial sector and hedge yourself with more profits in the month of July.