Wednesday, September 19, 2012

bullish consolidation in SPY

i rarely look at options close to expiry but i just picked up small batch of sept 28 145 calls at 2.1. potential to get wiped out but i think it is much more likely sSPY is up a handle by expiration

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Feb 17 - Large short position now

Very bearish now and looking for a retest of lows in 2-3 weeks.  I have puts in SPY, AAPL, GOOS, and GLD.  Calls in RIG  every major dro...