Putting a Cover on It

Covered those AMZN puts and SPY puts this afternoon. Not enough more juice to squeeze in my opinion. With the Apple debacle, this hedge makes me look somewhat smart today. It didn't offset my losses today, but certainly kept me from the poor farm.

That AAPL low (at $168.30) couldn't hold, so me now holding those calls looks even dumber. These last few months have been humbling, even for someone who has been trading a long time.