Here are today’s things:
* Near the morning lows I covered my (common) Index shorts:
$SPY $758.42
$QQQ $702.06
* On the rally I reshorted SPY at $761.84, covered some SPY puts and sold some more SPY calls short.
* Near the morning lows I covered some $GRNY at $27.32 and $JOET at $44.97.
* I added to $MSOS long at $4.71.
Position: Long MSOS common (VL), calls (S); Short SPY common (S), calls (M), puts (VS), GRNY (VS), JOET (VS)
I covered some $JOET at $44.97 and $GRNY at $27.32.
I’m also adding to $MSOS long and bidding for consumer staples (under the market) — $PEP, $PG, $KMB.
Position: Long MSOS common (VL) and calls (S), PEP (S), PG (S), KMB (S); Short JOET (VS), GRNY (VS).
Here are today’s things:
* Shorted indices:
$SPY $765.03
$QQQ $716.23
* Added to short SPY calls (October monthlies)
* Added to $GLD at $398.84
* Added to $MSOS common at $4.85.
Position: Long MSOS common (VL), calls (S), GLD (S); Short SPY common (VS), calls (M), puts (S), QQQ common (VS)
* Most importantly, after three down days in a row, I covered my medium-sized SPY short yesterday afternoon …
* I covered my short $SPY into the teeth of yesterday’s decline.
From The Comments Section:
Dougie
With s and p cash -50 handles i am shorting october monthly puts against my short calls.
I also covered some of my short spy calls.
Essentially on the short oct puts i am taking in premium and locking in some profits from the drop in the indices over the last week.
I plan to reshort strength/rally…
* I added to my $MSOS common and calls.
* I reshorted Coreweave ($CRWV) at $99.34 (New)
* I shorted $ARKK at $86.12. (New)
* I added to $CVNA short.
* I covered most of my $GRNY and $JOET shorts.
* Bought back $GLD at $397.01
Position: Long MSOS common (VL) and calls (M), GLD (S); Short SPY calls and puts (M), CVNA common (VS) and puts (VS), CRWV (S), GRNY (VS), JOET (VS)
The equal-weight S&P is off 5% and new lows are climbing. Is that healthy? Let’s look closer.
Here are Monday’s things:
* I reshorted the indices after the market closed last night — $SPY at $767.32 and $QQQ at $717.13.
* I added to my $MSOS common at $4.94 and call long positions (slightly out of the money for September and October).
* I added to $VRNO at $6.12.
* I initiated a very small $GLD long at $405.42 (which I added to overnight at $401.28).
* I added to my $CRM short at $260.24.
* I reshorted the private equity space — $APO at $137.61, $BX at $142.94 and $KKR at $110.63.
* I reshorted $CRWV at $85.02.
* I reshorted $JPM at $356.14.
Long MSOS common VL calls S VRNO S GLD VS
Position: Short SPY (S), QQQ (S), CRM (S), CRWV (VS), APO (VS), BX (VS), KKR (VS), JPM (S)
I am speculating on MSOS ($MSOS) September monthly out of the money calls.
Positions: Long MSOS calls S common VL
I was a large buyer of $MSOS at $4.78 today.
Position: Long $MSOS common (VL), calls (S)
Here are Thursday’s things:
*I shorted $CRWV at $92.32 and covered at $87.98.
* I added to $GRNY short at $28.03.
* I shorted more $JPM at $456.76 and covered my entire position at $362.82.
* New short $CRM at $252.54.
* Shorted $NVDA $226.08 and covered NVDA at $224.04.
* Added to $VRNO at $5.87, to $MSOS long at $4.79 and initiated short-dated call options in MSOS.
* Covered $QQQ short at $715.98.
* Shorted more $SPY $771.22
Position: Long VRNO (M), MSOS (VL), MSOS calls (S); Short SPY (M), NVDA (VS), GRNY (M), CRM (S)
Here are today’s things:
* Shorted more ($SPY) $774.32 and ($QQQ) $725.26
* New position: short Berkshire ($BRK.B) $532.63
* Added to ($MSOS) at $4.33
* Shorted more ($GRNY) $27.91
* Added to ($PEP) long at $137.84
* Shorted more ($JOET) $46.78
Positions: Long MSOS (VVL), PEP (S/M); Short SPY (M), QQQ (S), GRNY (M), JOET (S), BRK (VS).
