This move is really nice today. Glad to be short and RUT heavy. Market is NOT selling off on any news that wasn’t already in the market. Not the Jobless claims or home sales or any other of that bullshit. Its because the market was short term overbought and the shorts got fluffed out from [...]

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Wow the RUT was curiously strong today….my RUT short got spanked for -5.5% today while the NDX although was looking at a 3% gain this morning turned into a flat pancake by the close. A very strong move came into the close and who knows why? IMO, we didn’t move up enough last week to [...]

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Took the VCLK calls off for 21%+ gain @ .85. Purchased @ .70.

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The long worked again today. On my trimmed long from yesterday I added another 1.9% in the mutual funds which I’m still holding and the ETF’s of UWM and QLD were sold this morning for a variety of gains ranging from 4.5% to 7%. Loving this long trade, but what little exposure I have left [...]

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In ZQNSC @ .86
Out ZQNSC @ 1.19
38% sayonara.

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Worked:
Being long the NDX and RUT. 6% for the NDX as it broke out to new highs. I’ve been riding this trend for months. Around 32% gain off the bottom for my index trading account. RUT did 3.9% for the the leveraged funds fans.
XLF calls - May 27s. Excellent action today in the XLF. I [...]

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Getting that upwards action I’ve been talking about for the last two weeks. Breaks of 720 in the RUT, breaks of 1400 SPX, DOW 13000 now. I’m long the indexes NDX and RUT and today is a big day or both and looks like there might be more up heading into the close. I may [...]

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Worked:
Getting out of XLF calls options early this morning @ .30 with a 7% gain. I trimmed the XLF calls yesterday with a 35% gain. It was a good move because these calls flipped and closed down 13% from my buy point. They would be down even more tomorrow with C selling more stock for [...]

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Bought:
MSFT calls this morning @ .95 they are up about 30% on the day. Deciding to hold them.
WFR Jun 90’s @ 1.35 they report tonight.
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QQQQ calls from yesterday hit the 50% gain mark with todays rally/breakout in the compx. I sold about 30% of that position to raise cash for WFR trade.
Indexes look great.

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I decided to take the 45% gain in my DRYS calls. Out @ 8.3, was in @ 5.7 yesterday. It looks like they went to 8.8 a minute ago though…would’ve been nicer I guess.
I tend to be early, so this may have alot more room to go. I’m still long TBSI.

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Market has rebounded from its morning malaise. I took alot of my index longs to cash this morning to preserve the greater than 10% gains in them, however, right now I’m missing out on some really nice upside in the RUT and NDX. I still have some longs in the indexes though so its not [...]

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It looks like we might get the pop I was expecting. I went long Friday with most of my ammunition. The talk is BSC could get bought at a higher price - as much as $10 per share.
“I went long the indexes “heavy” with my 2x funds and the UWM and QLD in my accounts. [...]

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Worked:
Being long the indexes worked again today. The NDX netted 1% while the RUT was flat to down a little bit.
Bought:
AAPL March 125 call options @ 3.10. They were up to 4 bucks at the close for a 29% gain, but I held on and I’m glad I did because AAPL went up to 127 [...]

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Well being long the indexes did NOT work today, but two other trades did. BTW the indexes lost 1% against my positions. That sucked for sure so I reduced my exposure today in the indexes at the close.
TITN - Continued its breakout today and saw some nice volume near the close. Up 15% on the position.
GS [...]

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Bought some super risky GS Feb 175 calls this morning. Had a shot at a 42% gain that I didn’t take (like a jackass) when GS spiked to a high of 177 @ 11:10. I still think it can get there again or HIGHER if the market can reverse on the day, but I would [...]

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