major buying level
The S&P500 has nearly reproduced identically the sell-off of February 2018, with a first down leg at 2715, a rebound at 2825 and the second down leg at 2650 (the exact miror will be a low…
Updates on a few trades
STM, DHI, YNDX, RNO, Atos and HAL were stopped - Our target on RIO LN has been lowered to 3560. we rolled our convexity on spx from dec to june next year
Take profit on Short ESZ8 below 2716
The US smart/dumb money indicator is giving a rare buy signal. There is currently nearly a double bottom on ESZ8 at 2710. We close one of our shorts at this level. If 2700 is broken, we…
Buy call on URI & NUE
Buy call Nucor (NUE US 10/19/18 C60 Equity) Buy call Nucor (NUE US 10/19/18 C60 Equity) Ahead of its earning release we buy call URI US 12/21/18 C150 Equity below 4.5URI is on a great entry level…
take profit on short on Kone (Knebv fh) and long GDX and reduce short on EEM
With respect to our matrix, we reduce our short EEM by buying-back 5% below 40.
Buy Put on the VIX
VIX US 11/21/18 P22 Index or VIX US 11/21/18 P20 IndexWe believe funds selling (risk parity and CTAs) is not over but a bottom is being built. We like going short the VIX without the risk of…
Earnings related option trades
Buy PANW US 12/21/18 C220 Equity with delta hedge