Taking advantage of this capitulation: I added more to my LVS and SLW holdings.

Covered call of LVS, option strike 47, exp. Aug 12.  Cost: $44.5

SLW: Cost $34.  Call strike: 36, exp: Aug 12th.

Expecting a rebound from such dramatic downfall.

About admin

Richard Cheng, M.D., Ph.D., is an avid Wall Street investor with 20+ years of investing experience. He is specially adept at observing the world to find the patterns and then design strategies to win his battle. Most, if not all, happenings in the world, follow certain patterns. These patterns may be complex, multi-factorial, not so intuitive at the first glance, or even may appear chaotic. However, even chaos has its own patterns. If you pay attention and be patient, you'll find them and then you will gain an upper hand in your battle. Using this blog space, he documents his trades and his thoughts as they happen. He uses this blog as a a notebook to help him better refine his strategies. Hopefully this will help you as well. Good luck in your trading.
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One Response to Taking advantage of this capitulation: I added more to my LVS and SLW holdings.

  1. Marcela says:

    Gonna call that lvs short a good day sir. Ty! Steak anyone?… I have an lvs boehner. Shorted near 47, getting anxious. I predicted dow -200 today but was hoping for -300. Juan time?.

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