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

May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...