Halelujah!
I really have nothing to say today.
Since it is a Friday, I am not required to act, think, or speak fortunes anymore. I am just going to sit and smile.
However, I will say a few things before I start focusing on next week.
Protect your profits.
You never know when an intervention will take place. I am not suggesting you sell off here, but take a little money off the table. For those of you still holding July paper, especially OTM strikes, act soon. Next week will be interesting. The broken VIX is starting to cruise now, which means that things are going to get shaking soon.
What's even more interesting is that all the price action this week has led to a tremendous amount of trades out there. So far, I am thinking that next week is going to be surreal. I am excited to know that I have capital ready to be injected into the opportunities that lie ahead.
Finally,
Death to BWLD, WYNN, WFR, FAST, SOHU, CMG, ADBE, OMG, TIF, CHL, HRB, SD, LEH, and GPN
Mercy to LNCR, FLIR, NUVA, CELG, ATW, GMXR, CRK, POT
See you at the close,
The Option Addict








