Lizard Initiative SCOREBOARD:
Day: 15 | Missed Days: 1 | Trades: 25 | Wins: 15 | Losers: 4 | Washes: 6 | Day: -5K (from mistake) | Cumulative: 2389

Straddle Initiative SCOREBOARD:
Day: 14 | Missed Days: 0 | Trades: 4 | Wins: 1 | Losers: 3 | Washes: 0 | Day: 0  | Cumulative: (144)

DIRECTIONAL Initiative SCOREBOARD:
Day: 14 | Missed Days: 0 | Trades: 5 | Wins: 1 | Losers: 3 | Washes: 2 | Day: 0  | Cumulative: 500  

Neutral Initiative SCOREBOARD:
Day: 15 | Missed Days: 1 | Trades: 3  | Wins: 1 | Losers: 2 | Washes: 0 | Day: -1050 | Cumulative: (668)

Account Balance: 99.25K

Results:

If you have a loser, GET OUT before options expiration. I became long DECK stock, and apparently SPLK stock as well, both of which moved against me today. Not good. Can only "let options expire" if they're obviously going to do so in your favor, not if you owe! Obviously the safest thing is to GET OUT of positions. This is another nuance which could KILL the trading! This honestly wiped out $5K in value...almost all the accumulated gains!

SPX Butterfly was a loser, market shot over it before stalling.  On these SPX, wait for the market to decline a bit in absolute terms before putting one on!

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KORS is the only issue for today: Kors: 9.8, 7.6, 19.2, 6.23, -2.9, -4.15, -12  (worse one years ago was -31% DROP!) Options data shows calls trading at ask or above, while puts trading at bit or below, people are selling puts, buying calls. Protect upside. 3.55 straddle, 9.7% expected move.