Wednesday, August 12, 2015

Aug 12 - short VXX

Need to see if things hold, but with 2 unfilled gaps down and VIX/ VXO reversal signals appearing, picked up VXX Aug 28 puts.  If things don't hold by end of day, I will let these go.

Getting a strong spike in SPY and we might be set up for a reversal.

 Same with VXO/ VIX but we need to see hold things hold up by EOD.

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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...