Starting w 2 long term entries in APA, XOM Jun/ July ITM calls and 2 short term entries via USO, XLE calls expiring this week. I'm not totally convinced this is the bottom in oil/ energy so still have 1/2 more allocated to buy energy.
Sold YY after a really nice boost yesterday at 7+% and took the proceeds to buy today's energy names.
I love the setup here. If it fails hard it will be obvious to get out. Good risk to reward.
APA looks great here
BIDU a bit frustrating as a lot of China names have blasted off. Interestingly BABA is struggling also. I have Jun 180 calls from a week ago and theta burn is starting to take effect.
Not in this one yet but eyeing it
I am heavily long calls in $C, $BAC, $JPM for late Jun, July, Aug. Mad conviction here.
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...