We are getting a massive spike, for whatever news reason I don't know, I am trying not to get too excited about the news now now that a lot of the Greek crisis is fairly visible to all.
Seeing fairly good positive divergence setup on the 30/60 min frames. Given the size of the decline, a bounce could be a very large and fast one.
Sitting on VXX puts from yesterday and will continue to hold.
Call buying has come back and very good chance of a pullback here
Probably 2/3 of the options account is in banks. Maybe 1/2 regionals and 1/2 XLF, C, BAC. Expecting another run up in equities into Augus...
Jun 10 - More bullishness but when is the pause/ pullback coming? Currently long C, BAC, DAL, JBLU, MARK, IGT, PYBI, FDXI botched my financials short trade and didn't close them the day after when I was up 70% and ended up taking a 50% hit the next day. F...