What do you think?
Here is the article:
Gundlach warns record bond speculation could cause big move in interest rates – cnbc.com/id/105405803
Here is a summary of my current positioning and trades.
Closed Positions Today
- Short XOP Puts September-21st-40 Strike Shorted at .96 on 8/13/18 Bought back at .71 (26% Gain)
Current Short Term Outlook:
- Bullish Volatility
- Bullish Gold Miners
- Bearish Oil & Gas Co’s
Current Open Positions:
- Long VIX Calls Sept-19th-12 Strike (Cost 2.80)
- Long GDX Calls Sept-21st-20 Strike (.60 Average Cost Basis)
- Long XOP Puts Sept-21st-42 Strike (Cost 1.75)
14 Closed Trades in August
13.78% Average Gain per Trade in August