Tuesday, June 12, 2018

Jun 12 - Sold $GOOG, $AMZN, $MARK, $IGT calls expiring this week, added July $GPS, $AAPL puts and $GLD calls

Lightening up today and yesterday a lot and have some of the holdings as puts.

$FDX getting closer to retesting highs.

$SPY close to 280 which would complete its CD extension.  I am also anticipating a sell the news reaction at FOMC and some settling going into OPEX day.  I added 278/279 put spreads for .6 today

Bought July $AAPL puts.  It is very close to seeing a pullback which is common after hanging out at the upper trendline too long

Beautiful action in $MARK.  Sold Jun calls for a triple and holding July 5 calls

Also bought $AMZN put spreads expiring Friday today for 1.25 for the 1695/ 1697.5 spreads.  I will double my money if we get a close below the orange line at EOD Friday.

Interesting short play on $GPS.  I mainly took early July puts and took a small speculative batch of OTM puts expiring this week.

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July 21 - Still massively long banks, took short term longs in NVDA, BABA, HAL, OAS

Probably 2/3 of the options account is in banks.  Maybe 1/2 regionals and 1/2 XLF, C, BAC.  Expecting another run up in equities into Augus...