I sold my VIX puts to close, and I took a loss. I will write these losses off on my taxes, which is a positive. Reason I had to close these VIX puts was because I purchased the wrong strike and expiration month. Anyways, I bought some August 20' 11 Calls in a financial option. I expect these Calls to rally once they announce the increase of the debt ceiling. I bought these calls toward the bottom of a downward movement. I am confident that I can pull some decent gains from these calls.
It seems that most people are afraid to post what trades or strategies they do, or better yet to even do a trade. So I am just sharing my useless trading ideas with everyone!
In other words do the exact opposite of what I do in my trades and you will do great! Because I have absolutely no idea what I am doing.
I posts live trades on occasion. This one was entered 6 hours ago. http://www.elitetrader.com/vb/showthread.php?s=&postid=3229485#post3229485