Time to go to work!! Tomorrow is a good day to look at entering a long DIA, short VIX and see what else is on sale

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!!

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