Being long. Indexes rallied nicely today and closed strong.

About 1.8% in the NDX and 3.5% in the SPX, while the RUT did 4%. It looked sketchy this morning when the market started to selloff, but it hung in there and performed the rest of the day. Some notable laggards on the NDX today were GOOG and AAPL.

Afterhours VMW didn’t say the right things and maybe that will weigh on the open. I held onto my index longs. I also made two trades near the close.

I quadrupled up my AAPL FEB 130 call position to an average price of 5.67, currently up near 5% right now. I think AAPL has room to go to at least 140-145 range.

Apple AAPL Daily chart 1282008

I also bought some BSC Feb 90 call options @ 4.9. Those options are bidding 5.4 right now so a 10% gain.

FRPT - Been slightly performing lately. Up 2% there.

DRYS - I still own this from my buy @ 56.49 up 5% and watching this one closely. When China markets turn, the ag names turn, the dry bulk shippers will turn.

**Late edit - I forgot my trade of the day was the MRK call options. Very nice overnight trade of 22%. It was actually a little more like 24%. Definitely worked today.

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