After yesterday’s study I decided to place the following short orders:
ETFC: BUY PUT APR. 2015 20 @ LIMIT 1.40
EBAY: BUY PUT APR. 2015 45 @ LIMIT 1.25
SONC: SHORT SELL @ LIMIT 25.50
NFLX: BUY PUT JUL. 2015 355 @ LIMIT 30.80
BBRY: BUY PUT MAR. 2015 9 @ LIMIT 0.66
TSLA and LNKD were also on my short list but they have upcoming earnings so I will wait for those to pass.
I need the market to grow a bit more for those orders to get executed, and then turn and dive. I intend to collect profits on them in tranches after each 5% fall in the market.
I also placed an order to sell my remaining (pretty big) position in BIB (the biotech leveraged ETF) with a limit of 114.80.