iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,430 Blog Posts

HARVESTED MY CROPS

Booked TVIX +17%, TZA +13% and SOXS +8%.

Still short biotech via LABD an oil via DRIP.

UPDATE: Sold TENX +13% (day trade), sold SELB -12% (day trade), sold SNSS -2%, sold VNRX -7%, sold CYCC -10%.

UPDATE: I doubled down on TROV, reducing basis to $7.2 and then sold entire amount at $7.60 for 5.5% win. All trade done in real time inside Exodus.

Moral of the story — playing with biotech bombs is not always seamless.

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9 comments

  1. edge

    Don’t blame ya. I’m still holding.

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  2. edge

    Sold SOXS and SMH puts. The action there is suspicious.

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  3. edge

    If there is a PPT, it is attacking through the semis.

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  4. edge

    Just sold TZA & IWM puts.

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  5. ferd

    Pussy.

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  6. numbersgame

    I think that we’ll either get a waterfall close today (in which case I’ll go neutral), or a panic open monday morning.

    Either way, I’ll look for another short re-entry next week.

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    • edge

      I cut back, pretty sure re-entry and addition is the next move.

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