At some point in a poker game you have to decide to either fold or play the cards you have been dealt. I am recommending we continue to hold our current positions ahead of what could be a significant market event.
If you are just dying for something to play, buy February calls on the $VIX. The $15 call is now $2.20 and a spike to the $20 level would be a decent payday. I am not recommending it because we already have four shorts in anticipation of a January decline.
NEW DIRECTIONAL CALL PLAYS
No New Bullish Plays
NEW DIRECTIONAL PUT PLAYS
No New Bearish Plays