Friday, August 25, 2017

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 have a big position of DITM LVS Nov calls.  I really like this set up.

Strangely enough FANG is setting up well but I'm a bit weary about the bearish seasonality around the corner.


LVS is a fantastic setup.
 Excellent chance we retest ATH in LVS by Nov
 NFLX a more difficult long but expecting support soon
 AMZN looks prime to explode up

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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...