I had originally closed half of a full position equity short in AMZN when I went with the calls looking for higher prices to add back to AMZN, so the 50 % I cut I intended on adding back at higher prices.
I'm going to add half of that 50% now and wait on the remaining 25% to complete the full position size.
There are simple quite a few things in the market I really don't like the look of and I did what I set out to do, cover some AMZN at a profit and add it back at better prices.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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