Tuesday, February 28, 2017

Feb 28 - Torpedoed on TGT, added BIDU long, GLD short

I made a small wager on TGT and it got blown out of the water.  This probably isn't a good sign for my JWN position but will see for now.

After a bit of deliberation decided to add GLD Jun 118 puts @3.05, I missed a huge move on GDX yesterday which was probably the worst mistake I have made in the last 6 mo.  I am looking for a 109-110 target by June.




Also added Jun BIDU 180 calls at 8.05.  Think this multi yr consolidation will end within 1-2 mo


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May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...