TNA TZA Update



MUHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!

Up 7.3% and 4.4% on TNA and TZA respectively.

Short both.

It's not evil inside... it's pure gold.

Posted by Leonard The Monkey on 7/14/2009 08:32:00 PM
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2 Comments:

snoopyjc said...

Yes, but you have to rebalance it often (esp when it gets out of kilter by much), else you are no longer delta neutral.

Also, where can you find shares to short (what brokerage)??

--joe

Tuesday, July 14, 2009 11:35:00 PM
Leonard The Monkey said...

Hi Joe,

As long as we stay in this range I just watch them deteriorate, once that happens I will take profits.

Finding shares to short was difficult, it took me a couple of weeks before I could locate shares to short on both sides at the same time - and I wasn't just trying TNA TZA. Scottrade and Ameritrade.

Wednesday, July 15, 2009 8:09:00 PM

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