Wednesday, August 3, 2016

Aug 3 - XOP long

Added XOP long after getting stopped out yesterday (should've had a slighter longer stop maybe).   XOP has been showing strength despite oil weakening the last few weeks.  Oil 'may' be stabilizing here but the trend is still down.

Also added VXX put spreads for first month of Sept in the 'Volatility Account'.  Plan is to add 1% of acct/ wk going out 1-1.5 mo.




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Feb 17 - Large short position now

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