NFLX

I am closing NFLX for a small gain at $238.75

SKF

Buying the may $60 skf puts here for $3.30

NFLX

I have opened a short line on NFLX at $239.75.

SLV

Shorting a little SLV here at $39.23

FXE

Shorting the FXE here today. I have been short since about $142.50 but i am adding to the short today.

NFLX

It is so hard for me not to short this stock. I am so freaking bearish on NFLX it drives me crazy.

I am not short NFLX but i wouldn't be long either.

50% CASH

I have raised a lot of cash with selling DF, Mpel, and some skf puts.

Gonna wait a little and see what shakes outs. Right now all the accounts are about 50% cash.

Bullish on the banks

I don't think any good news will come out of the banking sector. That makes me bullish. Any bounce in the SKF or FAZ should be shorted.

http://www.bloomberg.com/news/2011-04-03/wall-street-revenue-from-trading-seen-declining-fourth-consecutive-quarter.html

HPQ

Selling some HPQ april 16 $40 puts

Sold 10% of MPEL

I have sold about 10% of my MPEL position.