Weekly Portfolio Analysis 24th july 2016

Keep calm and carry on bullish. Markets dont give us any sign of bearishness.Our Call Spreads are bleeding and adjustments are now a must.

SPX has a good +6.41% YTD and RTY  is +6.78%. Bellini keeps on -0.536%  for not much longer tho.

According to the Delatas and distance to the market levels our positions are in danger terrotory.

August16

2 SPX CS 2250/2275 at 1.8 with 9 Deltas and 39days to expiry. Close Watching
5 RUT CS 1270/80 at 0.95 with 10 Deltas and 35 days to expiry. Close watching

September16

2 SPX 2225/2250 at 1.95 with 28 Deltas need an adjustment, thinking on selling CS 2300/25 at 1.90 to erase the losses

Octuber16 

2 SPX 2275/2300 at 1.9 with 18 Deltas need a very close watching.

SPX is crying for a retracement to keep a healthy upside, but who knows what the future holds