Sunday, October 26, 2014

Oct 26 - short GLD

Looking for a breakdown through 115 in GLD.  Silver has already broken support and the current set up looks quite similar to the previous GLD breakdown.  Will be looking for 90-100 by spring next year if not earlier.  Currently building a position in GLD Jun 99 puts.

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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...