30 Yr.Bonds & TLT are attempting an ORH days.
I still have a few 98 FB calls which expire Friday as well as a few MSFT 48 calls.
I am Long TLT against my long calls.
Midcap looks horrific working on an ORL day.
IWM... is into support @ 124.00.
Given the chart pattern and the sell signal for the Spu’s long term investors
should buy protection.
VIX…put in an ORH day yesterday and is not backing off.
Conclusion…I’m willing to roll the dice on a few calls which could cost $500/per 1K shares, but a miss in earnings will see the Nasd 100 headed back to 4550.
