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SELLING the SPY Dec 13 180 calls for 1.25; 2% position Buying back my Dec 27 USO puts for 0.62, or total 27.4% loss on 2% of account, so liquidated losses now equal 2.55% of account value

yeah, those darn weeklys have such a tiny time value; probably better to sell them

SPY Dec 181.50 puts 2% position bought at 0.82

USO Dec 27 35.50 puts for 0.79, 2% position

Changing profit taking order to 3.10, for a 50% profit attempt.

Taking full 2% position in SPY Dec 13 180 puts for last ask price of 2.07. 9 days to expiration (still weeklys). Mkt looks terrible. VIX wants to pop. Placing also a GTC profit taking order at 5.15

So I would say this: 1. I lost 100% of my 2% risk on this trade! 2. If I had been nimble, it could still have been a great trade by: a) scaling in, and grabbing profits when they became available b) using hourly charts to time scaled entries c) being aware of the holiday close...

These trades are extremely risky. This is an experiment. Some or many will fail at it. It is not their fit. Some might win consistently. We will see. Having one's platform crash must be a form of hell. That alone is a very serious prob. Good luck, good trading skill.

Looks terrible at this point. Selling the options would be way profitable right now. (Oh yeah, didn't I say I was selling them?:p) Let's say max risk on such paper trades are 2%. Please, anyone else who thinks they can do such trades with skill, please add your trades to this thread. Of...

Buy IBM 180 strike calls, 2 days left to expiration, ask price entry filled at 8:34 am: 0.67. Profit-taking order, buy 1/2 at 1.10 limit, buy 1/2 at 2.10 limit.

Money?

...exactly grabbed my stop on UNG and ran up! (There's a lesson there...)

I just want you guys to know that I am drinking some of the most powerful beer available, and you are hilarious! (It's 8.7%...but you would still be great without it.) PS,, sorry if already posted, but Scat, here is the first "start a fight" joke I have heard: Bob was in trouble. He...

ung stop loss placed at 18.50

EDC didn't fill...long UNG at 18.86

Also, looks like UNG so strong, okay to buy cautious position at the market on Monday.

EDC: buy on Monday at $29 stop limit

at 17.65 = 1.45% loss

EDC out at $30.20, that's a 10.8% gain UNG will hold onto for a while longer

Read books about options, etc.