Friday, June 21, 2013

The Market Maker Way of Saying Happy Birthday...


The best thing I did yesterday was not doubling up on any positions, but unfortunately, my UVXY $10 calls, which I doubled up on, will expire worthless...  The position was 17% of one of my standard stock position size and about 4% of my account size, which means I over-invested.  


Other expiring duds:


FXY Jun 22 '13 $110 Calls 

FXF Jun 22 '13 $110 Calls 
NG Jun 22 '13 $3 Calls
NUGT Jun 22 '13 $13 Calls 
SPXU Jun 22 '13 $30 Calls 
WEAT Jun 22 '13 $20 Calls 
XLF Jun 22 '13 $20 Call


I am going to have to reduce my position sizes from now on...  



-5.30% SBA

-1.93% Roth IRA

+0.28% DJIA

-0.22% Nasdaq
+0.27% S&P

-0.70% FTSE

-0.99% Eurofirst
+1.66% Nikkei
-0.52% Shanghai
-0.59% Hang Seng

-1.30% WTI

-1.20% Brent
+0.54% Gold
+1.31% Copper
-1.30% Corn

-0.69% EUR/USD

-0.52% GBP/USD
+0.47% USD/JPY

-0.52% DJT

-7.76% VIX

+3.93% 10-Year US Treasury Notes

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