Rolling GMXR Forward and Down
November 12th, 2009
I rolled the GMXR November 15 puts forward to December and down to 12.50 strike. I wasn’t able to do this for a credit though. I’m fine with that as I didn’t want to take assignment at this point.
The 50-day SMA is still rising, but until Natural Gas can put in a bottom I don’t want to have any more exposure to this area.
GMXR Hourly