The Bears Are Here

I was able to get some Dec calls on AAPL, RIMM, MA and BIDU towards the bottom on Monday. Each gapped up big on Wednesday. That was the time I should of sold my calls and go short by buying puts. Instead I held. Thursday, the decline continued to test the lows on Monday. This was the UDU play I was talking about...but...it occuled in 3 days instead of one week. This market is very, very volatile. Going into the last day of options expiration, I just missed on buying BIDU Nov 330 calls for 5.0. Instead, I bought OEX 185 calls. My tactics are definitely on point it just needs tweaking in reacting faster than anticipated. A great week...a great month...heck...a great year!!!