Sep 232014
 

SOLD NUE 100 OCT 14 58 CALL @.53
Shorting NUE. Seems way over-bought to me. Cycles look toward the down side and other industrial’s are all looking downward too. It’s at all-time highs following a steep rally, which NUE doesn’t usually move to fast or far.  It’s also dropping below it’s 7 day moving average.

DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!
Sep 232014
 

SOLD RTN 100 OCT 14 105 CALL @.29
I’ve been wanting to short RTN for a while cause of it’s incredible rally straight up. I shorted it by selling calls. If something goes wrong or if I need to extend duration I can by rolling it so this is a pretty safe trade in my mind. I’m starting to use cycle brackets on the daily charts and if you can line them up it will help you find the trends.

DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!
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