Well not a very exciting week but at least our positions are way in the money. How do you like SOV short, it made a 52 week low today and that's no joke, it is going lower. SKF up up and away. Oh and did you check out FNM, just printing money on that short.
FOLKS next week is key as all of the investment banks and top tech companies will be reporting earnings coupled with option expiration it should be one volatile week with some big profit potential.
About 3 years ago this same earnings week period my account went up 93% on playing some sweet options. Yes 93% in one week, but I dont expect people to bet the whole farm on plays, so step light till the market tips it hands.
Have a great weekend.
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