Did you catch SRS today? Nice 13% run from my call yesterday

Hopefully more to come on that one, we need to see how this decline in the broader markets separates the bad from the worse... Now we get to see what sinks and what floats.

Almost every stock out there has been rising over the past 8wks as money flows indiscriminately into anything. Market declines like this are a magical gift if you know how to read them. The stocks that fall the hardest are...

Im watching a possible double bottom on UNG on the 60min @ 12.69ish.

Opening a synthetic long position here, selling to open Jun 15 puts, naked... mmmm... naked, buying Jun14 calls. Tight stop on the calls though, Im not interested in holding them if it falls below $13.10. The naked puts have some premium in them, so I can stand some pain on that if it goes against me.