Revisiting Old Friends: Told You So

I woke up and while I was eating breakfast, saw that the S&P500 futures were up around $2.25. I made a note saying "Sell long puts from the diagonal" thinking we broke 1125. I figured I would take a small loss right now and by August expiry I will have made a little profit from the short puts in my put diagonal (see Revisiting Old Friends).

I got to work and checked the futures and to my surprise, the futures are now DOWN $10!

All I say is "Told you so" and scratch my note.

-Wown
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