Haven't changed positions in 2 weeks and letting the market do its work. A mild sell off is potentially around the corner but am holding for now.
Still see more upside here to the 230's.
Also have the target of low 20's for VXX
You can see how the intense hedging activity pre election provided fuel for this rally
Monday, November 28, 2016
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
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...