Tepper on Economy Getting Better
When: Today, Tuesday, May 14th
"It's so overwhelming. The economy is getting better, autos are better,housing's better it continues to improve, they can't find enough people to work in housing, that's the only thing holding it back right now better ease in June. I don't know how far they are behind the curve...We are a fairly leveraged world...I'm not so keen about deflationary forces."
This coming after saying in May that he was “nervous” for a variety of reasons, including tight monetary policy in China and from the European Central Bank and lackluster U.S. growth. He also said his current positioning would allow him to ramp back up to a more bullish posture if conditions change.
When: Today, Tuesday, May 14th
"It's so overwhelming. The economy is getting better, autos are better,housing's better it continues to improve, they can't find enough people to work in housing, that's the only thing holding it back right now better ease in June. I don't know how far they are behind the curve...We are a fairly leveraged world...I'm not so keen about deflationary forces."
This coming after saying in May that he was “nervous” for a variety of reasons, including tight monetary policy in China and from the European Central Bank and lackluster U.S. growth. He also said his current positioning would allow him to ramp back up to a more bullish posture if conditions change.
SPY - June $192 Put @ $1.73 (-67%)
MWV- June $44 put @ $1.55 (-29.16%)
BRCM- June $35 Call @ $0.81 SOLD 98%
PVH- June $125 put @ $0.55 (-36%)
SHLD- June $42 Put @ $0.35 +5%
HON- June $95 Put @ $1.40 (-43.5%)
WYN- June $72 Put @ $0.45 (-22%)
HSH- $57.50 Put @ $0.55 + 15%
TWC- June $150 Call @ $0.10 (-10%)
TWC- June $140 Put @ $0.95 (-57%)
SRPT- June $33 put @ $0.60 +40%
BBBY- June $61 call @ $0.45 +37.5
MWV- June $44 put @ $1.55 (-29.16%)
BRCM- June $35 Call @ $0.81 SOLD 98%
PVH- June $125 put @ $0.55 (-36%)
SHLD- June $42 Put @ $0.35 +5%
HON- June $95 Put @ $1.40 (-43.5%)
WYN- June $72 Put @ $0.45 (-22%)
HSH- $57.50 Put @ $0.55 + 15%
TWC- June $150 Call @ $0.10 (-10%)
TWC- June $140 Put @ $0.95 (-57%)
SRPT- June $33 put @ $0.60 +40%
BBBY- June $61 call @ $0.45 +37.5