Dow

12:39 pm PST. stopped out the rest SPY puts -.01, bounce a lot stronger than expected.

12:26 pm PST. Sold AIG puts +65%.

12:22 pm PST. Scaled out of some SPY puts +80%.

9:25 am PST. The Dow is not looking too good. I think it could go to 20,222.

Screen Shot 2017-03-24 at 9.25.40 AM

pre-market

6:08 am PST. The indices are about flat this morning. IF /es breaks above 2345, then I will probably exit my puts and go long. If we have seen the bottom, then I expect an a-b-c-d-e wave 4 triangle-wedge formation to occur over the next couple of weeks before we break to new highs. The UUP and FXE might just do those final-ending waves to the targets I mentioned in a previous post. Screen Shot 2017-03-24 at 6.04.06 AM

GDX updated chart

10:07 125,000 share block trade on UUP. Bullish above, bearish below. The dollar might finally spike down, and gold might rally as a result. Or the reverse, depending. Watching UUP.

9:37 am PST. GDX almost reached my 22.50ish target, bouncing off 22.63. I think it might still get there today.

Screen Shot 2017-03-23 at 9.37.04 AM

GDX

7:23 am PST. sold remaining GDX puts, weeklies expiring next week, for +50%. Bought at .20 sold at .30.

7:07 am PST. Sold GDX puts for about +90%. Bought .13, sold .25. Trade took about 30 minutes. I am just learning to trade options. Expiry was tomorrow.

Screen Shot 2017-03-23 at 7.07.15 AM.png