selling NFLX 215 weekly calls at .15-.12 taking another strong loss on a single oversized day trade attempt $-( but on the flip side our 2x oversized AAPL 340 puts will give us 100% gain and the 330 puts short expiring today gives up another 100% profit on a 2x oversized stake so 4x oversized

 

/s selling NFLX 215 weekly calls at .15-.12 taking another strong loss on a single oversized day trade attempt $-( but on the flip side our 2x oversized AAPL 340 puts will give us 100% gain and the 330 puts short expiring today gives up another 100% profit on a 2x oversized stake so 4x oversized on the options shorts. Will hold the bearish stakes on gold and oil trough USO and GLD overnight for if Libia sees the fall of this dictator over the weekend then am betting on sharp oil and gold falls. Especially when we have high oil inventories and low enough demand to warrant much lower oil levels, plus on the gold front consumer confidence has improved dramatically as economy has received confidence and don't see the merit of gold up here once some resolution is seen overseas.

Posted in General Trading