trying short bounce trade. bought SDS 33 calls. at $1.45 im thinking end of day will result in move back to 33.9 (currently 33.4)... if not could see 32.6 should TL support fail.
didnt love the gap up on GLD (even though it filled later), so waiting to see what transpires tomorrow before making a move. also waiting to see what happens at S&P index resistance.
NFP rip had me question shorting GLD. still does as i wanted a better price. just finished long SDS 32 call trade from .91 to 1.06 not sure what rest of day holds...
slow week with trades as been too busy with real job. traded MSFT calls today. real mover there haha. got 11 cents per contract, which was pretty much my target for that one. (followed equity 23.8-->23.98) getting ready to buy GLD puts
GLD had little gap down today. bought GLD 120 puts after this gap was filled. bought for .36 looking to hold for a couple days perhaps as I'm thinking daily and weekly are in my favor.
after that GLD position got destroyed and still wondering how gold and equities are on the same page right now... really not sure what will develop in the next two days with opex. i usually would have a short bias in the indexes right now, (trading off TL resistance) but something doesnt seem right, and im waiting to see if they pop this up tomorrow and run everyone and their grandmothers stops. on that note: i went long some calls for APC at the close today