Thursday, September 1, 2016

Sept 1 - TWLO long

Sorry for minimal posting, have been busy for personal reasons.  The discretionary account has been hammered bc of the long GLD/ NUGT position to -10% and the volatility account hasn't had any new positions as I would like to see what Sept brings.  It is at 1.5%

TWLO I like and have been building a long position via Oct 55 calls.  I don't think 70 is out of the question.  If we get a blow off top I will look at deep ITM puts via a smaller position

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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...