iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

NO SHENANIGANS

I cut my TZA yolo’esque call position, essentially betting that the low of the day is in.  I could be wrong, we are lingering down here, but with the expiration so near, and speedy shenanigans not quite here, I decided to shed the hedge.  Let’s see if buyers can come in and we print a low.  There hasn’t been a buyer all day.

Aside- four times a year, this roll period, trade becomes so sluggish in the futures.  My edge is a bit dull until this September contract is officially put to rest. Sucks, but such is life. Maybe these are perfect times to take little miniature vacations.

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