Bottom fishing?

Not saying I am going long here but in last 10 minutes /ES had 60k+ longs vs. on 3000 shorts on 5 minute chart.

My hedges have worked nicely so I may roll down to take out some cash.

With the recent volatility over the last few weeks I converted almost everything to spreads to weather the whipsaws better. Seems to be working. Have an IBB strangle I may need to invert tomorrow. Some weird divergences today. XBI up when the market is down. Biotech is usually a risk on trade.

UVXY

#BearCallSpreads – Adding again. 50 percent size now.

Sold UVXY DEC 20 2019 40.0/50.0 Bear Call Spreads @ 1.47

ADBE

BTC $ADBE Oct 18 2019 300/310 #BeCS @0.07. Was STO 9/23 @0.50.

A TRADE;

SFIX STO 10/4/19 NTM 17.5 PUTS @.56

TRADES: An old fav that I re-discovered.

SFIX BTO STOCK @18.0
SFIX STO 10/4/19 18.5 CALLS @.50
SFIX STO 10/4/19 18.0 CALLS @.70 One of my favs because, it’s a weekly, easy on margin, moves slowly. decent premiums. ;>)

AMD

Rolled $AMD Oct 18 2019 33 #CoveredCalls // Nov 15 2019 @.74.

TQQQ

STO December 40 put at 1.75

UVXY

#BearCallSpreads – Adding here…

Sold UVXY NOV 15 2019 37.0/47.0 Bear Call Spread @ 1.40
Sold UVXY DEC 20 2019 40.0/50.0 Bear Call Spread @ 1.35

SPX / AMD / UVXY

STO UVXY 35/45 Nov 15 2019 #BeCS @1.65

SPX 1-dte 2870/2890 put spread stopped @4.05 when spx dropped below 2900. Condors sold yesterday @1.10. Holding Call side.

Rolled AMD Oct 18 2019 34 // Nov 15 2019 #shortputs @0.45

UBER puts stopped

#PerpetualRollingStrangles BTC $UBER Oct 4th 31 puts for 2.35. Calls previously closed for .05. Strangles sold for .90 on 9/11. This strategy has worked well on UBER, but will wait a few days before starting a new one. My naked puts on $CHWY have NOT worked; underwater. The Upside Warning had me overly confident on both of these.