Recent content by Russ32

I took the 66 before landing a position. The two firms that I interviewed with mentioned that it made a good impression.

I have no idea what a 360 costs, but 1200 a yr for insurance sounds like a steal. Thats less than what I pay for my custom motorcycle and my driving record is completely clean.

There will be a 2 for 1 split when it hits 15000.

I trade BTU quite a bit intraday.

I use http://www.closed-endfunds.com/ for research usually. A few years ago when I used CEF's fairly often, I would look in the closed end fund section in Barrons.

Sounds like Manuel Asensio's website. asensio.com

I noticed that my funds are under reported occasionally but usually just 5% or so. It seems more common on the weekends for some reason. Much like your situation, it is corrected within an hour or so.

I don't mean to sound like I'm second guessing your strategy, but 2.95/16 sounds like a huge difference. My OIH call position isnt doing that hot either, I had a Oct 150, the short has been rolled down to 145 already.

Hindsight is 20/20, I wouldn't kick myself in the butt over that profit taking.

I thought about this today as the rally took off with only 2 days left til expiration. What would look like an easy way to pick up 20/30 cents on a position would have turned nasty. I traded alot of weekly xsp's the past few months and had about 6 or 7 weeks of straight profits but one bad move...

I have an OIH calendar on as well. The short july didn't have much room to fall today so my position didnt look too good since the oct fell without the benefit of an offset position. Looking forward to seeing how others play it.

I'm hesitant to post trades only to see them blow up but here ya go: NUE july 55 call NUE oct 57.5 call Nucor has risen a few points since I put the trade on but the short is only up half as much as the long.

Diagonals make up about 75% of my portfolio now, I love it. I guess it suits my personality better than the condors and verticals spreads I had been trading. I'm interested in seeing how some of you pro's approach it. Russ

I've been doing this strategy for about 6 weeks now and I'm happy with the results so far. I have Sept. calls and puts and short the weeklys on most weeks. I dont always short the weeklys, only when I feel the situation is right.

I'm about an hour north of Charlotte. Glad to see so many ET'ers from this area.