I've been remiss 1/27/2012 Friday wrap

If one has a blog, one needs to post so I'll work on updating more frequently. Did a ton of spreads this week, mostly calendars as vol has come in and stocks such as PFE and F rolled through earnings. The big move up over the last two weeks have 50% of my Iron Condors expiring in Feb underwater. The joy of staying small in defined risk options trading is you can gut it out and stick with the position. Have begun entering into the March trades and will enter in full force next week. Based on Gillies call on TVIX I legged into a fairly sizeable position on Thursday as he has usually been on top of this trade. We'll see. Gartmans call on gold today gave me the impetus to enter a Bullish Put spread selling the F167/164 put spread with GLD clsoing at 168.98 today. I had this trade in the Queue so pulled the trigger at todays price. Will be looking to do the same in SLV next week as I think the metals have room to run. Did some scalping on SPY this week with good results until today where I forced a trade and took a small loss. My Bad!