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I continue to position myself market neutral. music selection:  “It’s Not Love” — Dokken weigh-in:  209.0 +0.2 The market continues to roar higher (today being a Wuhan Corona exception).  At some point there will be a correction.  I hope to

Weekly groaners. music selection:  “Faster” — Within Temptation 3 Devour your prey raptors!

I’ve been out of the contango trade since UVXY blew up on me and left me holding the bag on puts with greatly diminished worth due to the leverage change from 2.0x to 1.5x. music selection:  “On The Wings Of

My trades (except for a special update coming next) for the week. music selection:  “Cool Night” — Paul Davis weigh-in:  208.8 (0.2) Several net debit spreads expired over the weekend.  I couldn’t trade yesterday as the markets were (justifiably) closed

Five groaners. music selection:  “Again Tonight” — John Mellencamp   Devour your prey raptors!

I sold the Unit bonds. music selection:  “Lay Down Sally” — Eric Clapton I purchased CUSIP 909218AB5, the Unit 6.625 coupon bond with 15MAY2021 maturity on 25SEP2019 for 77.5 cents on the dollar.  I paid 9 dollars in commissions on

Staying the course. music selection:  “Fat Bottomed Girls (Live)” — Queen weigh-in:  209.0 +0.2 My spreads in HD, ROKU, and UBER are all out of the money.  I will probably close them tomorrow and take my lumps.  Most likely, January

The latest five groaners. music selection:  “You Sexy Thing” — Hot Chocolate Devour your prey raptors!

I bought the Montage Resources 8.875 coupon bond maturing 15JUL2023. music selection:  “Sheperd Of Fire” — Avenged Sevenfold Montage drills the dry shales in the Marcellus and Utica.  They have premium acreage in the Utica and good fundamentals.  The company

One more Bull Call Spread and Bear Put Spread pair. music selection:  “Pump Up The Volume” — M|A|R|R|S weigh-in:  208.8 (0.2) With the bull market long in the tooth and the market at all time highs, I am positioning myself