SELL GDX Jul $39 Put @ $2.00
BOT them here for $1.08 – 85% profit in 2 days
BOT them here for $1.08 – 85% profit in 2 days
BOT the initial batch here @ $1.30
SOLD PALM Jul $16 puts @ $1.20
MANAGED Positions in GS Jul $145 puts to get an average price of $3.62
MANAGED Positions in GDX Jul $39 puts to get an average price of $1.08
SOLD RIMM Jul $70 puts @ $2.73
MANAGED Positions in QID Jul $32 calls to get an average price of $1.23
SOLD BIDU Jul $270 puts @ $3.30
BOT USO Jul $38 puts @ $1.20
BOT OIH Jul $100 puts @ $3.40
MANAGED positions in TZA Jul $22.5 calls to get an average price of $1.57
MANAGED positions in ICE Jul $110 puts to get an average price of $3.00
BOT IPI Jul $29 puts @ $1.70
DISCLAIMER: I own position in AAPL which is in significant loss, which could alter the way I think where AAPL is headed.
EDIT: I had mistakenly said that AAPL will gap down below $140. Someone in the comments pointed this out asking how and why did I think so. I meant to say $141. I have added a 20day chart of AAPL that shows that $140.5 – $141.5 is a key level for AAPL. My thesis is a big gap down on Monday, which requires AAPL should open below this key level (AAPL being a big component of NQ).
DISCLAIMER: Nothing contained anywhere on this site constitutes any investing advice or recommendation. Any purchases or sales of securities are solely at the discretion of the reader.
Target price: $35 (see the chart in yesterday’s post)
DISCLAIMER: Nothing contained anywhere on this site constitutes any investing advice or recommendation. Any purchases or sales of securities are solely at the discretion of the reader.
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