R Option QQQ positions will experience a nice push because of the drastic drop on implied vol. Both AMZN and GOOGL contributed to R Option performance. GDP came at 3% vs. 2.6% consensus. Both consumer and business contributed by strong spending. And #GOLD, priced in dollars is under pressure. Cutting some short exposure here
The market gap up this morning and now we are back to yesterdays levels or lower. VIX traded higher than yesterday close, PRINTING 10.66 – Adding shorts GLD failed to consolidate ABOVE 123 – Adding longs R Option Mini is ALMOST fully invested R Option could increase market exposure if, and only if, the RISK/REWARD
Taking advantage of current VIX pricing and adding short term directional shorts. This is not a hedge. Adding short exposure. Mostly Bear Puts Spreads with about 30% changes of winning based on traditional option calculators. My historical data shows that there is more than 63% of making money with those trades.