Aug. 20 at 2:02 AM
Hawkish Fed minutes flipped the afternoon defensive. Health care led the tape, gold and silver ripped, and chips got sold. Our signal book leaned right into it:
$LLY $1255C fresh entry today, green from the open, the cleanest call in the health care rotation
$AMGN $395C up over +110%
$NOW $105C up over +200% into a strong close
$SLV $57.5C +28% as metals ran, peaked far higher earlier
$SOXX puts +14%, the chip hedge working as semis sold
Riding the defensive winners, not chasing the crowded chip and crypto pops that ran on the surface but were being sold into. More tomorrow.