I lightened up my longs a lot this week and only have the Dec VXX puts, HMSY, and BIDU. In general was a very disappointing week as I had profits on most of my positions but didn't act quickly enough. AT close I put on XLF puts for a short term play. I am looking to add biotech at some point but not now. Also would like to add WFC again but want a pullback.
In all, my positioning is more of wait and see mode.
And if we sell off I will look to cover when stochs/ RSI bottom out.