Today kind of sucked due to my EAT calls getting squashed after they reported earnings the stock dropped large. I think I took a 50% hit on them. I sold them.

That loss was offset with the great move in the Dry Shippers today. GNK busted higher and my calls are working well. DSX also recovered and turned a small profit, I held because I’m expecting more up in the sector. I own calls in DSX and GNK, and own DRYS equity.

Afterhours GILD reported and the reaction wasn’t good. The numbers were great, but its the reaction that matters and the only thing that pays me.

I bought DRYS, sold PURE, sold ENT, sold my KEY calls this morning for 30%ish, then bought them back. I have KEY calls for tomorrow’s morning announcement. With the way reactions have been its been sell the news, so I’m not expecting good news, but the chart supports futher upside.

I sold the remainder of POT calls today for 53%ish, and my WMT calls for 45% gains. I want to buy both of these back if they pullback. However, its going to be tough if the market continues to act toppy.

I also own some F Nov 8 calls.

Remember last week when I was trying to short the market, and calling for a major slide in EWZ? I was off a few days. Its happening now.

Thanks for reading

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