Earnings Day

Unofficial start to earnings season! Son of a b*$#^!!! AA missed earnings for two quarters in a row missing by 2 cents. I'm still not in the money for the put I sold short for AA which is good and bad. Best possible scenario would have AA at $7.49 at expiration and I get assigned and have to buy 500 shares at $7.50. I sold the put short for $.44 which means I would automatically be up on the trade. Worst case scenario is AA goes bankrupt and I'm out 100%, not likely.

DOW down 186.29 (-2.34%). S&P 500 down 19.93 (-2.39%). Portfolio down $1,022.36

I knew I shouldn't have went long those options on BAC and MS. Too poor to blog anymore tonight.