In the meantime this night I close out my ALGN short calls, added short puts Feb 21st expiration
Also added short puts on various precious metal plays including FNV, PAAS, AG, and the paper metal GLD, all Feb 21st expiration
At the same time initiated short TLT, and short QQQ
Believe the 2019nCoVirus way over-hyped, but who knows until end-March, best to be careful
Wanting to see how low interest rate can go on the 20-years Treasury, that which might be driving precious metals, along w/ the virus
However, and big however, also bought near-money Leap Puts on GDXJ, just in case, and believe can trade out of it along the way w/ profit
Yeup, the arena is enveloped in fog of battles |
