More hedging PGR

Trade

Sell PGR May 27.5 calls against stock

At Friday's expiration BAB British Air called away at 60.

Market continues lower, though not violently. LOW Lowe's down even though earnings beat estimates. Talk of a slower housing market and a soft landing hurt the stock. DDS Dillard's up on earnings. Would be more interested if I didn't already own some SHLD Sears/Kmart, but will keep an eye out.

EWJ Japan fund is cratering, 13.5 or so looks like a better entry point than today's 13.94. TLT 20-year bond ETF is showing signs of life. A retest of recent lows around 83 would be my preferred entry point to go long.