Thirsty Thursday

What’s your plans for thirsty Thursday? I’m just sipping some suds in downtown Knoxville while analyzing the markets. Today I’m drinking an IPA by Black Horse Brewery. This beer is hop forward with loads of bitter and citrus notes. It’s light with a ton of carbonation and perfect for the hot and humid Tennessee wealthier.

As for the markets it’s not so nice out. SPX is down 1.51%

My open BAC options trade has completely blown up and my 30.5 5/24 calls are worthless with no hope at this point.

I closed my GDX 20.5 5/24 puts yesterday for a modest 9% gain, but was not confident that my gains would not be lost today. If I would of held until today they contracts would of been worthless. Timing is really everything.

I’m looking at adding to my long AMD and TWO positions if the market continues to pull back. As for the crypto space, I bought some more ETH to hold long.

Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.