Thursday, October 2, 2014

Oct 2 - Bounce possibility

Exited longs in SPY 200 oct 10 calls at 5.82 for +28% (I botched not unloading at least partial position around the low when they were up 50%, pure greed on my part)  and will wait for the short term time frames to work off the oversold conditions.  It might not take long.  Buy signal just issued on 60 min SPY.  We could see a move up to 195-196.

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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...