DIA190524

DIA Long Put Spread

Ooh, it’s getting scary out there. Sure, the DIA is still up over 9% for the year despite a rare gap lower yesterday morning. But the whole China thing plus the collapse in the 10-year yield and the lowest PMI in 10 years are signaling a slower economy. E ...

XLE190507

XLE Long Call Spread

Hey! Who took my sell off? After waking up yesterday to a nice 50-point drop in /ES on the news of the “off” part of the “on again/off again” US-China trade relationship, it chugged back up as it looked like the two were “on” again. But as of last night, ...

TLT190501

TLT Long Put Spread

iPhone slump, schmi-Phone slump. When its customers are buying up a growing line of subscription services, AAPL’s success is less and less tied to its iPhone. And that success was manifested as a rally the equivalent of 2.4 standard devs last night after ...