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
Wednesday, October 5, 2016
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...