Ready for Some Volatility?

Nov 6, 2019 | Daily Note

  • I'm getting ready for some volatility and have a few ideas if you would like to hedge some risk
  • More sentiment polls and indexes are getting to levels where risk reward is poor
  • Took off three long equity ideas with +3%, +7%, and 14% gains
  • Wednesday is the day I examine all the major US Sector ETF's
  • I love a noncorrelated trade and my recent Coffee long trade has been a nice winner 
  • I was on Bloomberg last month showing reasons why I liked Coffee long
  • Take off the Coffee December calls for a 4.7x gain today