I raised a lot of cash and sold off a bunch of stuff Friday including $goog calls +200-300% and $C, $BAC, $JPM calls bought on Thurs which were sold for about +75%.
I still have some $HD Jun28 calls and still sitting on $MARK and $UCTT July calls.
Looking for weakness to buy short dated financials expiring in Jun8 or Jun 15. Also looking at $BA and more $HD.
$UCTT looks good and ready to break out soon. My calls have plenty of time
$MARK taking a while to cook but also have until July for this to move
Looking forward weakness in financials to buy weakness via short dated calls
$JPM, $C, $BAC
Would wait for $NYA and other indexes to show positive divergence before getting aggressively long
Saturday, June 2, 2018
Call buying has come back and very good chance of a pullback here
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...
Jun 10 - More bullishness but when is the pause/ pullback coming? Currently long C, BAC, DAL, JBLU, MARK, IGT, PYBI, FDXI botched my financials short trade and didn't close them the day after when I was up 70% and ended up taking a 50% hit the next day. F...