Today sucked. The market went down huge, and I basically had 100% of my positions in the red. I really should learn to short more, but I try not to trade too much, and I generally don't short for the longer-term. Maybe I need to rethink that at some point.
Anyway, at least the weekend is here... some peeps are coming in this weekend. There's a birthday party celebration thing for my uncle tomorrow night, so there should be some good seafood to be had.
And, all options sold expire worthless today, which is only a very minor consolation given how badly beaten up various positions have gotten since the covered calls were sold. The plan is to get rid of Wynn early next week... with some luck, I should be able to get out above my effective cost basis of 87.30. The GE position I picked up for the buy-write trade I am likely going to keep, which adds more shares to my existing GE position. Too bad for me, since GE has taken a serious pummeling over the last few months.
Glad that it's Friday. I need to chill a bit. I didn't quite get my fill of relaxation in Tahoe last weekend.
Okay, time to wrap up here at work and then head to the airport. Have a nice weekend, and if you got hurt today, then I hope that you subscribe to the 'misery loves company' school of thought.