Eoin personal portfolio stock market short increased July 21st
Comment of the Day

July 21 2015

Commentary by Eoin Treacy

Eoin personal portfolio stock market short increased July 21st

Eoin Treacy's view

I shorted the S&P500 at the wrong time and the rally has left me with little choice but to manage the position in order to avoid realising a loss. I increased my short position today selling another two September contracts at 2112.38 including spread-bet dealing costs. The risk is that the Index does not pause in the region of the previous peak and pull back by enough for the new average sale price of 2082 to breakeven.

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