Tuesday, November 15, 2016

Nov 15 - Sector rotation as equities continue up

SPY moving up on weak volume.  Let's see if it holds.  Still holding longs, major position is a big batch of Mar ITM VXX puts.  Tech staged a big bounce today and energy also.  We might be looking at musical chairs until the end of the year.

Still have target of low 20's in VXX within 2 mo

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Feb 27 - $shak primed for a big move

Still holding $RIG Mar2 and Mar16 calls which are up 100-200%.  $shak settling nicely and I have plenty of time with Jun 45 calls