I closed my short on DIA right at the end of the day, I got 4.40 so that is a 20% return in one day.  I usually hold out for a more of a move but I just can’t get a good feel for this Greek drama. (as a side note its 90k a year in profit if you squeak out small wins like this everyday)

I like TWTR right now, looking at the Jan $50 calls.  If a Google or Facebook acquisition heats up or some rockstar CEO gets named the stock will bounce.  I see a bottom around $30, with upside of $50 – $90.  Google acquisition target price was $95 before twtr shot it down, stock was higher then but I still think it would drive $80 a share.  I’m looking at .85 as a great way to get into this trade.  And if the lottery hits and Google does heat up then it will be a nice 3500% return 🙂  I love oversold stocks that everyone hates.

I also opened a really crazy bet on Coal.  yes coal.  Coal sucks, everyone hates coal, but if this trade doesn’t lead to bankruptcy then it should bounce back a little bit.  I bought 80 Call contracts of $8 BTU Jan, 17 (NOTE 2017, lots and lots of time) for 10cents each.  I think I already regret this trade but I find that most options will bottom out at this level.  Basically if natural gas prices rise then this will rise too.

I’m keeping my eye on WTI, if it breaks above $62 then I’ll get short via puts on UCO.