China Stocks

The internet stocks SINA, SOHU and NTES are all at or near the major support level. The possible play may be buying slight ITM Jan calls, but they are all richly priced due to their high volatility. Holding SOHU Jan 30 Call. Closed NTES 40 Jan Calls.

Other stocks such as ACH, PTR, SNP and CHA are making big moves at new highs.

Mixed Day

DOW closed higher @ 9,062.79 with intraday high of 9,215.88 while NASDAQ was trending down all day to 1,627.42 (-18.59).

Gain on shorts and loss on longs.

Long 20 QQQ June 30 Call @.90 over the weekend.