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[dTraderB]

All I have are some GS FEB calls and I intend to add more on any decline; and FAZ FEB 35 calls --- remnants of my last set of trades; this one is under water but it's a good hedge and I will buy more on any decline below 88. These FAZ calls could be quite profitable. I expect GS to bottom around 88-90 on any pullback but most of the bad news is in the stock. I will buy more GS calls below 88 but March or April. I think AMZN and AAPL have more to on the upside here but I am too skittish holding profitable Jan calls -- only 2 weeks away from expiration, and now I am not too keen to open FEB calls at these levels. At these low volatility levels I am tempted to buy puts --- and go long on CHINA equities. Let's see how it does next week when I expect the decline to start, not necessarily on Monday or Tuesday.