Tuesday, September 23, 2014

Sept 23 - Bearish recap

Looks like I exited the SPY puts too early.  Went long QQQ 97 Sept 26 calls at a very small position at 2.02 right at close then the market dumped about .20% to sink lower.

Entered because (and this is around 3:58 pm) volume had decreased noticeably from yesterday and had a hollow reversal candle right above lower Bollinger but now going to hold a much tighter leash here because the charts look a bit ugly.

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Feb 27 - $shak primed for a big move

Still holding $RIG Mar2 and Mar16 calls which are up 100-200%.  $shak settling nicely and I have plenty of time with Jun 45 calls