Monday, April 12, 2010

Updated Position (shocking neutral still)

I'm still mum, though doing reasonably well and remain market-neutral; hovering between slightly net-short or long for as net-long as I can remember.

Sentiment has become a real concern, but as markets only rise and this is an OPEX week, there should be nothing but upside for the market ;)

Total Position
: Currently ~1.15-to-1 net-long; 86% invested

Currently Long (according to size): DGIT (6.3%); MF (6.8%); ULTA (5.7%); TM (5.4%); BEAV (5.2%); SBUX (5.2%); AVGO (4.6%); CISG (3.8%); CHBT (3.6%); HTHT (3.4%)
Currently Short: TWM-long (Russell 2k Dbl-short, 8.6%); MS (8.2%); DB (6.3%); JPM (5.6%); EPV-long (European Index Dbl-short, 5.3%); DST (4.5%)

Pairs: Covered the F short for now but still holding TM-long. Will either re-short F or unload the TM at some point soon

Futures Accounts: Short 20% NDX Jun, 1988.875 ave. entry
Options: .24% MS put options for Jul, entry 1.84/contract

Twitter page for details

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