Exited SPY short near open and GLD short right after
Picked up SOHU calls, added a bit of YRD calls, small TWTR calls, and small amount of GLD 119/119.5 call spreads @ .27 expiring tomorrow
Current holdings in order of size
long: YRD, CMCM, SOHU, TWLO, TWTR, WFC, GLD
Update on different accounts
Volatility acct is +20%, I haven't touched it in weeks though and will start trading it once we get past October.
Discretionary acct is +2% (20% TWLO, 20% CMCM, 20% YRD, WFC calls)
The 15k acct (very high risk account - will call this the 'Cecil Fielder') is up 50% now. It was down 40% at one point. This one has a variety of calls in YRD, CMCM, SOHU, TWLO, TWTR, GLD and utilized to 50% capacity
Hopefully this weekend I will graph the activity of the Cecil Fielder account.
Big divergence in GLD and it is definitely in the category of shorting in the hole now.
Very bearish now and looking for a retest of lows in 2-3 weeks. I have puts in SPY, AAPL, GOOS, and GLD. Calls in RIG every major dro...
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...