Monday, August 12, 2013

short SPY as of fri close

went short SPY via sept puts after seeing black reversal candle printed on daily chart. Last correction was predated by two black reversal candles. Bollinger bands v tight now so i have less of big upside bullish bias for now

Friday, June 7, 2013

Long SPY calls

Entered into SPY 152 Jun 22 calls at 10.02 basis and SPY Jun 154 calls at 6.2 basis. Was fairly underwater yesterday about 10% before the afternoon rally. We are oversold and unless the jobs number is extreme, we have a strong chance at a 3+ day rally. Target is 166ish for price and latest end of next week to exit the positions.

Monday, January 7, 2013

Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...