Picking Away

I put on the bulk of my net short position this week and all my adds from this week are now in the money. I slightly picked away at some of the position and sold the MAY 115 SPY Puts against a bunch.

1 comment:

PJ said...

I also took some small profits on the VXX position I built up midweek, but will look to put them back on if we bounce. Sticking with my bank shorts which are behaving very well since JPM reported.

Tsachy, do you trade the VIX futures? Seems like they'd be perfect for your methods, since they're very sentiment-sensitive. I'm starting to get very fond of them.