New Account Highs, For The Year
Today was a good day.
Not in TM anymore, will buy it back. Kept my longs in NDX, SPX, RUT.
Sold all BAC and UYG this morning and then rebought BAC Nov 17.5s. UNH was the only dud and I sold it in a panic this morning. It was actually the right thing to do. Saved myself a worse loss. This plus the TM calls almost canceled each other out, while the BAC and UYG made money.
I went back to the UNH Nov 25s and picked up a smaller portion of Nov 27 calls. Karen Finerman mentioned on Fast Money tonight that her firm took the same or similar position. Maybe even further out as it was specifically detailed except for the November exposure comments and the 25 calls. I also was looking at WLP my limit order didn’t hit. AET also has interest. I was just in this, but revisit makes sense. UNH though of the 3 seems the best trade, WLP close second.
I also went back into the BAC Nov 17.5 calls.
Today the average gain between the NDX, SPX, RUT longs did 1.45%. Not bad. I kept this on for tomorrow’s breakout. Breakout you say?
I tweeted this before the market opened today, “1065.49 is the breakout pt on my indicators for the $SPX. This is where the giddy up gets going imo. Might do it on the open.”
Look where the SPX closed today: 1065.48. Can we say battleground?

I’m looking to get short tomorrow a bunch of things at the close, and not before then.
