Monday, August 24, 2015

Aug 24 - Long SSO, XIV

Took a small position at close based on the candles and capitulative volume.  Down volume ratio was over 40, something we haven't seen since 2011.  Even if we bounce here, I would anticipate retest of lows not too far away.

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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...