Innixa Holdings

Will manage this at 25% of max profit.

Two trades that have high IV and interested me today.

Two high IV trades that I will look to manage at 50% in about 22 days

460 dollar credit witha 800 dollar buying power reduction and looking to manage a 50%

STO 39 call for 1.20 in X this morning and had not posted the tade. Had a big move in X to the down side today and BTC it for .90 taking off the risk for a 25% profit. That came in a little faster than I thought. Ring the register.

STO 14 Call in Pandora for 50 cents. It gaped up today and we know from research it will normally retrace it's steps.

Today's trades

The first day of the month is a great time to establish new monthly position in most of the major indexes. Sell the 30 delta Iron Condors for the next month expiration and let the theta decay work in your favor.

Oil is on the rise and if you had made the same play we did in USO you could close today, the stock you bought at 10 above 11 today for a 10% profit. If you made the $9 puts play in USO those could be closed for $.05 a contact for $.28 per one lot.

In the post Turkey comma and Black Friday shopping we are feeling sluggish. Oil on the other hand is not sluggish. /CL is down 3.5% this morning. With that big of a down move we are looking to get Long in USO again. Picking it up for about 10 dollars a share with an exit around 11 in the next 30 days. If you are looking for options shorting the Jan $9 puts in USO for $.33 a contract.

Well, like we thought this will be a non event week. The slow grind up on most of the major indexes has push all the volitality out of the market. That being said it is time to get long on some UVXY which is trading around 10.70. We will look for a good single day down or up move in the market to pump volitality back in for a healthy profit.

Monday of a short week. One of the biggest movers over the last few days is Crude Oil. This is driving the price of USO up. This plays well for our long position. We are hoping the rally continues over the next few days and we will be able to clear 10% on our long position.