Wednesday, October 5, 2016

Oct 5 - Reloaded WFC Nov calls, added GLD short and YRD/ CMCM longs

Jumped back into WFC Nov 47 calls and will only hold if the overall market holds up.  Also added GLD Nov 123 puts looking for 110-115 and YRD Nov 30 calls @2.0 and CMCM Nov 13 calls @ 1.2

If WFC finally gets some volume and speed this one could have a vicious bounce
 Very nice set up in YRD.

 Nice consolidation here for CMCM and a lot of upside

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July 21 - Still massively long banks, took short term longs in NVDA, BABA, HAL, OAS

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...