Some welcome (and badly needed) news for the bears was Novo Nordisk which, even with a quadruple-digit rally in the Dow, managed to slip lower and continue to express the proper direction beneath that monster top. I’m holding on tight to these puts!

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Some welcome (and badly needed) news for the bears was Novo Nordisk which, even with a quadruple-digit rally in the Dow, managed to slip lower and continue to express the proper direction beneath that monster top. I’m holding on tight to these puts!

Lumen Technology (LUMN) reports tomorrow morning. Since it’s bound to be an incredibly slow news day, I thought I’d let you know. I just bought January $8 puts.

My oft-cited short idea Cleveland Cliffs (CLF), based on a very nice chart analog, is coming along just beautifully. These are April puts, so I’m hanging on! They’re up 40%, but I have bigger ideas.

This just goes to show how little I pay attention to earnings dates: two of my short positions are having nice after-hours tumbles.
