Wow, another wild ride in the stock market today, with the SPY down 2.5% in the morning and then coming back to positive on the close. Again, fast markets tend not to be my friend. There is less money to be made after the dust settles, but for slow moving traders like me, it is the percentage play.
I am looked at selling puts on EFA (Europe/Asia ETF) and TBT (inverse treasuries), but didn't pull the trigger. If markets stabilize the little bond market bump up is likely to fade back to pre-Greece-crisis levels. XLE (energy ETF) is another thought. Selling BP puts is looking like a possible play with the company dominating the headlines.
Long BRKB, GLD, SPY, TLT
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