Market zooms, at least for the moment; oil propped up temporarily ...

The broad stock market continued zooming up after noises of the trade war being eased:

SPX the last 2 weeks

And oil went up with it, partly, but some of the push up was dented due to a report that the top producers aren't pushing for supply cuts, and Brazil's attempt to lease oil deposits flopped [source: Bloomberg].

I'm only a week into the trade, now 37 days to expiration, showing a profit due to the short 49.5 put. The short 60 call is still underwater ... I'll roll the whole thing to the next expiration when this one has 21 days left ... or sooner if it gets much closer to my 60 strike!

Otherwise, Navigation Trading's Iron Duck trades continued to pay off. The best example of these was an earnings trade in ROKU:

The Roku price was around $140 when the Navigation guy sold 2 of:

• 135/137 call spread
• 121/113 put spread

... for $2.31 credit. This would give just a tiny profit on the upside ($62) ... but instead this happened:

So instead it was closed for nearly the full profit, $440 or so ... or $4400 if you were doing 10x his trade size!

For those of you looking ... what are you waiting for? Opportunity calls!