Monday, September 9, 2013
Global Opportunity
I am seeing lots of opportunity on the global scale. Right now my positions are short "risk off assets" and long a lot of "risk on assets". As in I am short lots of commodities as in agriculture, bonds, natural gas, gold, silver, and the outlier is short oil. I am also short stock indexes, but I am long mostly stocks. As we see interest rates continue to rise it should continue to have a bad effect on these risk off markets especially as money is still flowing out of them. Today was also a key day as the short term sentiment flipped back to bullish and the bears are back in hiding. However, I am also long VIX as I still think volatility has room to expand. As for my global stock market positions I have some shorts in Canada (one of the two positions I have not using options), and I have several Latin America longs. So, right now I am looking for theta decay, and I am hoping to find some crappy stocks I can find some trading interest in on the short side. The only currency position I have is the euro. I think it was a interesting dip to buy on good sentiment in the area. My personal favorite trade right now is short puts in MSFT or short wide verticals. I will be adding some risk in MSFT along with some short delta in the Russel and NASDAQ.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment