Below is my portfolio w/ cost avg next to it:
Stocks:
AVII ($1.09), ATHR ($16.76), CTIC ($1.25), DELL ($10.50), DIG ($28.10), DXO ($3.55), END ($1.3955), F ($4.915), FTK ($2.375 - cost avg w/ today's buy), GIGM ($6.45), GME ($22.20), GNK ($17.20), HL ($3.37), LEA ($1.63), LUV ($6.70), RFMD ($2.40), SFE ($.95), STEM ($1.74), WNR ($13.60), YHOO ($14.68), FCS ($5.18), LOW ($19.08), HES($60.20), FRO ($22), ENTR ($2.48), MPEL ($5.25), SSO ($25.20), EXM ($6.60)
Options:
DIG June $27 Calls, LUV JUNE $10 CALLS, UYG JAN 2011 $3 CALLS, UYG JAN 2011 $4 CALLS, SSO SEPT $30 CALLS, CAL $17.50 JUNE CALLS (note: probably will be wortless).
Shorts:
ROST ($39.20)
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Sir RF, Why SSO and not SPY? Volatility trade?
ReplyDeleteANON - I MIGHT CAN HELP YOU. WE ALSO TRADE LEVERGED ETF'S BECAUSE YOU GET TWICE THE UPSIDE FOR THE SAME PLAY (I'M SURE RF DOES IT FOR THAT REASON AS WELL). THE PROBLEM WITH SOME OF THE 3X ETFS THAT THEY ARE BECOMING DAY TRADING STOCKS BECAUSE DAY TRADERS WANT TO EARN A 1% A DAY. LEVERAGED ETFS MAKE IT MORE ACHIEVEABLE BECAUSE YOU CAN CATCH A QUICK 10 MINUTE MOVE OFF MOMENTUM AND MAKE 5% IN MINUTES. DO NOT BUY 3X ETFS (FAZ, TNA, ETC.) BECAUSE YOU WILL GET HAMMERED BY THE PROS (UNLESS YOU KNOW THE TRICK TO THEM. RF KNOWS THE TRICK, MAYBE HE WILL ELABORATE ON A WEEKEND BLOG SOMETIME). ANYWAYS, AS FOR S&P TRADES, I TEND TO MIX AND MATCH. FOR EXAMPLE, I BUY SPY SHARES WITH SSO CALLS OR SSO SHARES WITH SPY CALLS. RF'S TRADE IS BALLSY BUT HE IS A SMART GUY AND HAS A SOLID THESIS. I'M MORE MARKET NEUTRAL RIGHT NOW, NOT TOTALLY IN HIS CAMP BUT I SEE HIS POINT AND IT'S A GOOD ONE.
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