Friday, 02. June 2017

ToS account turned down ever so slightly again today, i have to say though, the last two days were way more painful.
I am pretty short now, having added shorts in JPM, XLF and IYR.
Im also eyeing the semiconductor sector, based on some pointers Shaun Downey gave us.
On the other side im hoping for CORN to go up in the next few weeks/months. I bought a few October 20 Calls, trying a anti Tastytrade ish traditional strategy for a change.
Shaun Downey has sent out a nice report on corn last night and how it looks to be the worst year in the last decade, so that hopefully works out.
I have also bought back the short call from the big call spread in TTD and it seems to have paid off.
Lets hope that one keeps running a little more.

Overall im not too happy with my ToS account. Its going down more than going up and i will stop putting on positions for now so i can transfer over a good chunk of money to Tastyworks as soon as possible.

In the CFD account i have closed out two more short VXX positions for a nice $100 gain each.
I have one left now and ill have to decide soon whether i put on more or whether i wait until the next uptick which i feel should come soon. But i guess i shouldnt follow a feeling and stay mechanical.
The thing is that this short VXX strategy that im developing here doesnt have too many fixed mechanical rules except stay small, dont put on more than 5-7 positions and take off around $150 per 100shares. I know thats not mechanical at all. Ill keep working on it :)

I think its time to short Gold as well. It seems to be breaking down again and i think i might be able to scalp a little bit on the way down. Will see how it develops today.

The ToS papertrading account looks good and should generally look not bad after today. I have a short VXX position in there as well, but after todays move in the S&P im a bit afraid about a SPX calendar that ive had on for way too long. It was down for a while and the short option is expiring in 2 weeks, so i think ill get rid of it tomorrow and take the loss.
Cant wait for a real spike in volatility.
VIX over 20 would really be a breath of fresh air!
Theres so much stuff i want to try like large 50/10 Delta VIX Call spreads and alike.

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