August 17, 2017

Short, Shorter and Shortest – Are the Bears Near?

Here are the two trades that I placed yesterday. My Options portfolio  now about 50% short. The overbought state of the major indices has increased the probability of a short-term reprieve. There are also a few other factors that are playing into the bears favor over the very short-term. Only time will tell. Have a wonderful night and see you all bright and early for another exciting day.

SPY Trade

IWM Trade