2022-06-17

Long Biotech, Short Energy Paying Off

So far so good today.
I had these positions on June 14:
$XBI July $70 calls $USO July $70 puts $XLE August $70 puts
I bought a large position July IBB $120 calls yesterday, I bought more USO puts this AM, and have been adding Jul 8 QQQ $300 strike calls. I added XLE $76 strike puts expiring today yesterday, after closing (too early) my VLO short. But the deltas climbed up on me. Still planning to re-enter.

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