Wednesday, September 28, 2016

Sept 28 - Sold TWLO, closed GLD short, short LN, long WFC

Decided even though a big leg could arrive it was time to move onto to new things with TWLO.   Easy money is over and it has turned out to be a monster trade.

Shorted LN/ SPY small and TWTR even smaller via puts.

Added to a now pretty big long position in WFC Nov/ Dec calls.

This might be an exhaustion move
 This is setting up very well

GDX is rebounding so going to let go of GLD short and look to reload on the bounce

No comments:

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...