Saturday, July 21, 2018

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 August and I may start trimming off short term positions apart from Dec bank calls.

The Cecil Fielder account is getting close to being up 100% for the year.  If the banks make that move I was expecting, it will get there very quickly.

I really like the potential for a move up in NVDA, BABA in the next 2 weeks.  I also put on HAL and OAS as bounce plays.

30's in XLF here we come














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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...