Friday, September 30, 2016

Sept 30 - Added more WFC Dec 40 calls

My position is topped out now.  Sentiment is terrible and people are calling for the CEO's head.  From a financial standpoint, Wells is still in excellent shape and at some point the emotion should die 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...