Wednesday, January 6, 2016

Jan 6 - Stopped out of longs and flipped short

Very ugly and looking at significant downside this month.

Update A/H:  Decided to go flat for the short term positions bc of short squeeze risk but keep a mid sized core short position of QID that I am willing to take some heat on.  Some strange divergences popping up in VIX that look very suspicious.  Will be looking to add to shorts if we bounce.

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Feb 17 - Large short position now

Very bearish now and looking for a retest of lows in 2-3 weeks.  I have puts in SPY, AAPL, GOOS, and GLD.  Calls in RIG  every major dro...