Sell
XRT Sep 57 puts @61.4
This
move rebalances me to neutral on the Retail ETF. I was already short
Sep 52 puts, Sep 54 puts, Sep 63 calls, and Aug 50 puts. I am
surprised at the strength in the stock market. I am dancing closer to
the flame with the narrowing of the short strangle (short 63 calls,
short 57 puts and two more layers of short puts).
The
bond market in the short term is confusing to me. I wrote about the possibility of
parabolic move up in bonds on big news, followed by a crash. What
does a trader or investor do with that? I am still processing, though
my tendency is towards risk aversion.
Long
AMGN BRKB ESRX EWG KFT
Net
long LGF SPY
Net
neutral IWM XRT
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