(Top right to subscribe)
The market continues higher. Not much to slow it down, but still a hedge in the directional portfolio.
The portfolio of premium selling saw a few changes. Noted below.
BYND saw weakness in the last hour of trading. There might be some room for this to really drop. Below $113 then it can get the sellers on board in a real hurry.
SHOP dropped hard today. That was good for some change. Noted that in the recap yesterday.
Current holdings:
- CMG (Long options, various expirations, and strikes - added)
- WYNN (small call position)
- QQQ (long puts, dated 5 + months out)
CMG:
Position initiated today. Ackman is still in this name heavy. Earnings let it trade $905 in after-hours. $900 is the level to see where, buyers/sellers meet. $920 is ideally the longer swing target. Renaissance Technologies 13G filed today here. Read it.
Position initiated today. Ackman is still in this name heavy. Earnings let it trade $905 in after-hours. $900 is the level to see where, buyers/sellers meet. $920 is ideally the longer swing target. Renaissance Technologies 13G filed today here. Read it.
XOM:
Oil is in the shitter. This creates long term opportunities. Above $62 on XOM I am adding leaps into this name among a few others for the IRA. Soon to be adding to this.
Premium Selling with The Premium Master:
The new position in FB listed above.
Comments
Post a Comment