Friday, November 4, 2016

Nov 4 - A very high probability/ high return trade, my trade of the year

Mar VXX 55 puts @ 21.75.  I have a big batch of them.  Some Jan puts but this is my core position.

This could easily go up 50% in the next 2-3 mo.




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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...