Not much activity, just waiting for VXX coming down. Got hit by STX upgrade but still account is good plus today.
Sold VXX July OTM puts. Sold in the morning before afternoon drop but didn't make much of difference.
Nice to see contango close to 5% again. VIX futures are still about 10% higher than VIX but today at least futures dropped more than VIX drop.
Tomorrow is a big day with a lot of my VXX puts and calls expiring. It would be real good if VXX closes under 20.50 tomorrow.
GLD is going crazy. I wonder what happened to Paulson's gold fund. Whoever bought gold since 2Q of 2010 and held to hedge against inflation are under water now. Scared and not able to pull the trigger on GLD. Looking again at AAPL long. Thinking of buying before earnings.