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<blockquote data-quote="Invisible" data-source="post: 900862" data-attributes="member: 10034"><p>I've been long oil for a few months now so I know what it's like being early, as long as your position is small enough you can wait it out. Up 3% today so I'm liking the position a little more now. </p><p></p><p>As for your shorts I'd say the same thing, as long as your not to big. I've put on some short deltas into this rally via calls in SPY and QQQ. If we keep rallying from here volatility will get crushed and I'll be able to get those calls back. At least thats the plan. </p><p></p><p>The rally is looking good at the moment, if it can hold up tomorrow it might have some more legs.</p><p></p><p>Not much to consider once you've got the position on other than where you're taking profits and loses. Most would say that should of been considered beforehand also.</p></blockquote><p></p>
[QUOTE="Invisible, post: 900862, member: 10034"] I've been long oil for a few months now so I know what it's like being early, as long as your position is small enough you can wait it out. Up 3% today so I'm liking the position a little more now. As for your shorts I'd say the same thing, as long as your not to big. I've put on some short deltas into this rally via calls in SPY and QQQ. If we keep rallying from here volatility will get crushed and I'll be able to get those calls back. At least thats the plan. The rally is looking good at the moment, if it can hold up tomorrow it might have some more legs. Not much to consider once you've got the position on other than where you're taking profits and loses. Most would say that should of been considered beforehand also. [/QUOTE]
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