soysoy:
sorry to read of health problems.
I hope the trading does not stress you out .
re: NXT:
I finally had to raise the white flag of surrender due to the price surge of NXT by 23p today . I still think they are due for a massive fall soon but could not risk losing the last bit of my profit in view of forthcoming company statement on Monday next .
BTC NXT 2X Jan 1150C @ -19 . Just leaves a very minor profit since they were sold
@ +24.5 .
Added to my LLOY(454) exposure by naked sell of Jun 460P @ +33 and Jun 500P @ +64 . LLOY are on a roll and have bounced through what was thought to be a strong resistance level . My earlier sales of 420P among others don't look so bad at present , eh ? Bit over-cautious I suppose but things can turn .
The 500 puts were sold in two trades. The limit set was 64 and execution was confirmed but I notice that Liffe lists the first trade @ 16:14 as 2x @ 64.5 . Will be interesting to see what price the brokers confirm for the sale !
Biffer: with ref to your:
"SHEL behaving badly" club . I am not a member.
My sold naked Jan 390P are for a change behaving themselves .
At one time I thought that you guys did really well protecting the sold puts by selling calls . Now that wise precaution seems to work against you .