I've bought SPY calls on no reason other than POMO. To say otherwise would be a lie. October 118's, most likely to be sold tomorrow at some point - just looking for a quick in and out to take advantage of Bernanke's plan to make us all rich, one POMO at a time. I'll take 6-12 S&P points gladly... using an 4.5% allocation. I feel dirty like I work at Goldman but it is what it is. I'll stop out if we break below today's lows....
Long SPY Calls in fund; no personal position
x
