Trading Activity for June 1.

I cannot give an explanation of what each one of these means but I will log the trades.  Feel free to ask questions in the comments - I will respond.

Sold out and closed long S&P 500 Futures position I put on and wrote about yesterday.

Continued liquidation of closed-end bond funds (most of these positions are fairly illiquid)

Covered short position in Sept '07 Libor Futures.

Increased position in out of the money put spreads on 30-year treasuries.

Naked shorted GOOG (Google) Jan 2008, 250 strike puts (LEAP).  (yes, I find value in GOOG at that point)

Traded around the strangle in EEM (emerging markets ETF) that I am long (this trade is not working. I'm not getting enough volatility out of EEM)

Added to Long Yen/Short USDollar position.

Disclosure: Nothing in this blog is meant to be a recommendation to buy or sell.  I do not give investment advice.  Do your own research.  Do not rely on anything in this weblog to make investment decisions.  I do not log all my trades here. I only those that I think might be interesting. Consult your own investment professional before buying or selling any security.