Great day to set up some trades if you believe the world is not going to end with the Greek default. There is a chance that I might have missed the entry and the market will bounce tomorrow, I hope we get another down day or at least flat to give an entry. Things are on sale, even aapl if you want a safe boring play.
I’m looking at DIA Aug, 21st 180 calls
Also looking at VIX Jul 22 ’15 $18 Put
I got my fill on TWTR today, .77 cents, feel good about that. Also bought some CBI Jan $60 calls for $2.20.
BTU (coal got a really nice bounce based on a court ruling against the EPA), BTU was up 10% on a day when the market was down huge, could be a nice little rally in the next few weeks. Bought 80 contacts at .10 cents and they are trading at .14 to .17 cents now. That is a 40% worst case to 70% best case return in 5 days 🙂
long UCO could be a play but I have to wrap my head around what the dollar is likely to do, stand by on that one.
We have a lot of data this week that should take the edge off of Greece, Jobs, ISM, etc.
Fun times!!
