SPX, 1350.14. FV, 1057.94. OFV, 1350.46. POFVF, 1179.89 This is going to implode in the next few days, or sooner, whichever comes first. 1372 ish is an short pivot, no matter what.
Or the market keeps going up and you decide your model needs to be reworked/renamed/retweaked With SPX at 1350 <table border="1"><tr><th>Date</th><th>Action</th><th>Price</th><th>Units</th><th>PnL</th></tr><tr><td>Dec 20, 2011</td><td>Sell to Open SPX</td><td>1229.89</td><td>2</td><td>-240</td></tr><td>Jan 11, 2012</td><td>Sell to Open SPX</td><td>1288.60</td><td>1</td><td>-61</td></tr><td>Jan 25, 2012</td><td>Sell to Open SPX</td><td>1321.20</td><td>1</td><td>-29</td></tr></table> Unrealized losses : 330 points
02/13/2012 13:23:02 OFV = 1358.75 Buy to Open at 1352.61 Spread = 2.5 02/13/2012 13:25:26 OFV = 1350.81 Sell to Close SPX at 1352.31 Spread = 2.5 This trade appears to be due to a data spike.
No trades today other than the above which was clearly some sort of data spike. Somewhat unusual actually.
You previously said it was easy to make money and presented returns to minimum margin requirements. This is deceptive if your loss can be more than -100% since you obviously don't have a stop.