Interesting day.  I really don’t have a clue how this Greece thing is going to play out, the economics of it say that they will get a bail out but since there are politics involved who knows.

TWTR rocketed up on a rumor that google was looking to buy it…. if that rumor gets stronger this could be my best trade of the year.  I didn’t sell any today, hope I don’t regret it.

And its a good thing TWTR was up so much because VMEM continues to fall, now at historic lows, the reality is I guess this stock really could continue to grind lower until they show a earnings call that isn’t a disaster.  In talking with some folks I know that work there they are selling, so I hope to just tough it out till next earnings call.  I don’t know if I have the guts to cost base down again, I have a rather large position already.

I did enter a long on DIA 180, Aug calls for $2.03 today.  Ended slightly down but basically today was a wash.  I’m not really committed to this call so I’ll likely lose my nerve and take profits on any single day rally this week.

Baba and CBI both had nice rally’s today but I’ve noticed that the spreads on things are getting wider this week.  (the gap between the offer to buy and offer to sell prices).  That can set up pretty big swings and it means you have to have patience on your offers when you move into something.