Wednesday, April 5, 2017

Apr 5 - Stopped out of SNAP

Costly trade.  I was eyeballing the open interest in the apr monthlies and looked too vastly skewed to upside bets.  In retrospect, looked like a crowded options market.

optimistic scenario but the right shoulder is way too big.

Volume ticking up today

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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

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...