I trimmed back my GLD positions as I was seeing price go against tailwinds like weaker dollar and equities tanking. Looking to reload at some point as I am still long term bullish but a pullback might be around the corner.
SPY getting close to support on hourly and daily. Maybe a 1-3 more points.
Yellow bar is a possible bounce zone.
I would look to temporarily close shorts at the lower BB
Jun 12 - Sold $GOOG, $AMZN, $MARK, $IGT calls expiring this week, added July $GPS, $AAPL puts and $GLD calls
Lightening up today and yesterday a lot and have some of the holdings as puts. $FDX getting closer to retesting highs. $SPY close to 2...
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...