Market Trade 1.16.20
Pointers:
China deal, Unsure if positive or negative, sounds neutral. Clear most. Market sideways. Vacation soon.
1) Impeachment documents sent
2) Nike Vapor Fly banned
3) Bitcoin still at 8700
Actions:
1) Calls
CRSP: Cant clear at all
Canopy Growth: clear gamble
JPM, GS, QVRO - sell
CHWY - hold for 1/18 news release. Sell 1/17
LK call - continued dropping
Microsoft call - hold
GE - hold
2) Puts
GS - sell
Nike - sell
FB; BABA - BABA sell, FB worthless
Peloton - drops finally happening, may be too late. sell
DNH - save until after China tank
Honeywell (defense) - sell
Gold (defense) - hold
Hopes:
1) LK and Apple up
Learnings:
1) Timing : impulse on FEDX, don't go in hastily ($400 loss)
2) Timing: Apple impulse could've made but decided to go call and sell put.
China deal, Unsure if positive or negative, sounds neutral. Clear most. Market sideways. Vacation soon.
1) Impeachment documents sent
2) Nike Vapor Fly banned
3) Bitcoin still at 8700
Actions:
1) Calls
CRSP: Cant clear at all
Canopy Growth: clear gamble
JPM, GS, QVRO - sell
CHWY - hold for 1/18 news release. Sell 1/17
Honeywell: sell
AUPH, Walmart - hold for news and safety stockLK call - continued dropping
Microsoft call - hold
GE - hold
2) Puts
GS - sell
Nike - sell
FB; BABA - BABA sell, FB worthless
Peloton - drops finally happening, may be too late. sell
DNH - save until after China tank
Honeywell (defense) - sell
Gold (defense) - hold
Hopes:
1) LK and Apple up
Learnings:
1) Timing : impulse on FEDX, don't go in hastily ($400 loss)
2) Timing: Apple impulse could've made but decided to go call and sell put.
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