Monday, January 30, 2012

Buy TBT (sell puts)

Buy TBT via selling Feb 18 puts, TBT @18.3. U.S. Treasuries are up big today on Euro contagion fears. I am selling that rally (TBT is a double inverse bond ETF).

Elsewhere, AAPL finally seeing a rally after the big gap up after earnings day, my short vertical put spread is looking good.

Long AAPL AMZN* BRKB EEM* SPY TBT
Short GDX

* AMZN EEM close to delta zero

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