The indexes are flying today which is not atypical of a first day of the month. The market is still holding up and seeing some new ATH's in the indexes and blue chip names. Breadth recently has been quite poor though so I am eyeing a short in the week after OPEX.
Sold SKX calls for 80%, added to BIIB Jun calls and have expectations of 2-3x
Was targeting 27-28 but seems to but struggling here
SPY continues to blast up and the upper yellow box scenario isn't materializing as I thought it would.
Eyeing long in AAPL soon
Another SNAP setup. Eyeing next week's 22 calls and looking for SNAP to hit 21 to buy them
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...