Ok, I got out of the PALM trades. I like the trades, just not the prices I paid. Next time, I will have to follow my own rules.

I had spread limit orders, which I think you should always do. Execution, execution, execution. I lost 0.03 on half PUT calendars, and I made 0.9 on the other half, for a net of +0.06. So I got out of that, and I learned a lesson.

For once, I made money when I had to learn a lesson. What I learned was, don’t over pay, you need to preserve capital.