Today I gave up on a short term recovery. As much as I like the rebound prospects for my under water positions, I don't like the market. So to reduce exposure and raise cash I sold some of my highest priced (and smallest) lots and September calls.
First to go were some SEDG positions opened in June, -36.5%. Then I sold the quickly decaying time value in my Sept $25 calls, -83.4%. Yeah, those got away from me.
I sold the top lot of AMAG, -15.1%.
The SPY put options have worked well so far; up 49% and offsetting my stock losses. Now if I can only divine the bottom and shift gears before these puts smack me in the face.
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