Marked to 186K and (now) long 2K spot. I will not update this further. I am going to cover prior to the report.
Out of my original long at 2836. Took some small losses in both ways before getting a win from 2791-> 2877. The return of the 'market always goes up' mentality where bad news is discounted and the market jumps on good news is what I was expecting for this final leg up. Would've held the 2791 long but I got spooked out by the gap up. Will probably reenter if it settles around 2830 at US market open.
GILD hits 98 tomorrow. Short YM 24,190; buy GILD 89; equal notional. The rotation out of tech AH (AMZN is flat to down) shows how fragile this mkt is here.
Buying QQQ 08/21 200 puts seems like a simple and nice move. By that time we'll see Q2 earnings, progress on the election, and since most countries will likely lift lockdowns by early June we'll probably see a second wave by then. It traded at 11.25 last which looks cheap to me edit: something like the 190/210 bear vertical would probably be better, last traded at 5.83 debit
Bot the 45/50 bull spread at 1.9. Got lucky AH and shorted shares 477. Covered short at 427 average. Made 3x the debit on the short spot.
I had a decent week. Up 5% across all accounts in listed vol. All accounts mirrored within a 1-2 contract rounding error.