I'm in the money so far. I feel confident that this will move up. This and CVX should get some upside with the Market. This trade is also a good hedge on my shorts.
Very extended. looking for a rollover. I wont stay long if this shows relentless strength on Monday.
The weakness in $BBY on Friday made me get in a small put position short here. Being Nimble + any whips will stop me out with small loss.
Sometimes I just like to gamble(small position). Good risk reward here. I think Facebook could fall hard and fast and I want some exposure.
I should be sitting on my hands, but I took a long on POT today. I needed to increase my long exposure. (Already in the money about 20 cents)
I took a small 1/4th position in VXX today. (Tight Stop)(Short Term). Volatility seems to jump up in timed intervals and my calculations are telling me it's soon due. If the S&P500 pushes up next week, I will stop out with a small loss.
I could not resist puts on today's pop up on LOW.
SBUX could not make it over the 20ma today. (10min chart)