Thursday, August 27, 2015

Aug 27 - Short term trade - short SPY

Sold VXX short on open, made a big mistake not noticing the backwardation in VIX/ VXX and not just going long equities.  Just went small SPY short based on sell signal on the 30min/ 1hr cycle.  In case this doesn't trigger immediately, I will get out of the way.

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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...