I sold 600 DUG @ $44.84 to essentially break even on all my DUG transactions. I had made about $4,200 in options profits and I took about a $4,200 loss on DUG so I’ve broken even. I’m actually pulling 40k out of the market as I have ZERO confidence in this market. As an investor, it’s impossible to figure out what going to happen next with all the government rule changes, bailout meddling, and banking chaos, I’ve concluded that I don’t want my arbitrage (borrowed) funds in this mess. I’ll keep the other 125k I have in play (long term) in the market but I’m pulling all my short term money out.
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