1. Closed out the calls on my BNI position. It has consolidated enough on the individual level. If further down side is seen it is due to the market, and I am more than fully protected on market down side.
2. Took on a light position in GS via 130 July Calls. (more so to hedge my overweight market short position at the moment, but planned on going long these calls at 125-130. Will add if GS sees 130.)
Not closing out my shorts yet, but slowly adding names due to their somewhat consolidation. (Even though I think stocks will go down some more, this is a probabilities games, and the probability individual names rise increase as they get more consolidated in the current psychi of the market.)
