6-29-20 stock market action

in LeoFinance4 years ago

Friday i did not do anything except hold through the drop. It was a red day but it happens. People like to close positions before the weekend. It is part of the game. My long positions in SPY and VIX are still holding ok. I have a few VIX puts and USO calls getting down inside the 30 day expiration window so i need to unload them before Theta decay starts kicking me in the balls. Day traded some Facebook today also while i was messing around. Came up considerably short of my 5% goal but green is green. Depending on tomorrow's movements i will start looking into where i can start making a new hedge since I screwed the last one up.

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