Why I am long $TZA

I mentioned my thesis on $SPY on June 10, 2012    https://dchsn6.wordpress.com/2012/06/10/thesis-on-spy-for-2012/ . About how I was looking for $SPY to retrace back to 135-136 region and that’s exactly what we have done right now on low volume. I am long June 21 TZA calls @ 0.13. Can $SPY rip higher tomorrow. It very well could. But my thesis and gameplan is set. I am not afraid to take a stab on it. My overall risk on trade is only 13 cents.

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LEVERAGE and COMMISSION for my FELLOW Traders:

If you need leverage on your capital and are looking for 100%payout on your profits with competitive commission rates. Email me: dchsn6@gmail.com  and I can help you to join my group and get a group discount. Why pay more when you can pay less.

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