Wednesday, July 20, 2016

July 20 - USO wedge

I would love for this turd to breakout but I would say odds are decent at best.  I say that even though I am long XOP calls for Sept.  Just as possible this wedge turns into a channel and keeps dribbling down.

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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...