2/11/20 Market Recap




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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