Sold 1/2 Jan ITM XOP, COP, IWM calls from pre-election for 60+%. Sold 1/3 VXX Jan/ Mar DITM puts which are up almost as much and will slowly scale out of them in upcoming week.s I had sold off the OTM Jan puts last week.
The Mar VXX puts which I had touted as the trade of the year is crushing it. Post is here.
I bought Mar VXX 55 puts @ 21.75 and now they are at 29.5
Bought some GLD 114 Dec 30 calls @ .44 as volatility is diminishing and I could easily see a bounce to 117-119
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...