Wednesday, July 22, 2015

July 22 - Closed SPY shorts for now

Not sure what to make of the morning's action but it seems a bit too orderly and we are seeing VIX fade and some positive divergences develop.  I might re-enter a position later today but I decided to close shorts and see how things pan out.  There is potential for a big spike up today.

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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...