Market divergence to start the day.
Likely the market trades sideways or pulls back a little, the market seems a little tired here overall, so new short-term longs not valid. Swing trades are still available.
Nothing to get excited about. Sit back, wait and try not to be a degenerate.
Current holdings:
- CMG (Long options, various expirations, and strikes - Trimmed)
- NFLX (Long calls, various expirations, and strikes - Full Exit)
- QQQ (long puts, dated 5 + months out)
- WYNN (New position initiated)
CMG notes from Monday remain the same (click here to see)
SHOP: Reports tomorrow before the open. Should be interesting for action after that. No position, no bias.
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