Caught a double on the VXX puts as they expire tomorrow. Still see more downside in VXX but with expiry tomorrow, too much risk holding them and watching a 110% return evaporate.
TWLO continues to tease and it is running out of time. It needs to make a move above its trendline within 1-2 days.
I sold when it stabbed the upper BB. Quad witching might bring just a lot of chop tomorrow and little directionality. Tomorrow however has extremely bullish seasonality. Actually the best of the year so if we see a gap up I may chase it.
TWLO drifting down and looking for the upward pop
Call buying has come back and very good chance of a pullback here
Probably 2/3 of the options account is in banks. Maybe 1/2 regionals and 1/2 XLF, C, BAC. Expecting another run up in equities into Augus...
Jun 10 - More bullishness but when is the pause/ pullback coming? Currently long C, BAC, DAL, JBLU, MARK, IGT, PYBI, FDXI botched my financials short trade and didn't close them the day after when I was up 70% and ended up taking a 50% hit the next day. F...