Search results

$ROKU (@BlueWaterSailor ;)) - I made good money back in SEP buying long call verticals around the $100 strike. This stock moves so much it's scary but fuck it, 60% run up in a month or so I'm thinking she needs a rest. Sold -2 DEC30d 190 C Bot +1 DEC30d 177.5 C @ $0.74 risk Call ratio...

/ES @ 3108.. the last day was the first "down day" we've seen in awhile. But was it really a "down" day? Down days are more related to up days than we think. Every down tick somehow is evidence of buying activity and each "correction" gets absorbed by the smart doe and we chug another 100 points...

Still looking for a great entry.. although all of these prices are good overall to buy for these stocks.

I sold the /ESZ19 NOV 3115/3120 call vertical @ 2.75 credit yesterday. BOT back @ 1.65 today for a 1.10 winner

Took a shot at $TGT earnings with a wide condor.. booked a loss Booked a small winner in $LOW, overall net-net-neg for the day

same here.. I use finviz fairly a lot

Brilliant call

Booked a loss on $TGT and small win in $LOW. Yeah I'm still experimenting with earnings and strike width.. I don't really like doing condors I'm more of a fly guy (no pun), but I'm just seeing how these trades play out, I only do johnny-one-lots so its not going to affect my account net liq

Well risk and reward are the same thing,, two sides of one coin, so more like 2/3

Took a loss on my put fly in $KSS I'm in $TGT small condor position DEC20 95/101/120/125 Also in $LOW DEC20 103/106/122/130 for 3.15cr 2x on the call side 1x on the puts resulting in a premium higher than the width of the put spread thus no risk to the downside. Looking for $LOW to go a bit...

Much more like 3200 much more?

That's why its called that lol.. if there wasn't 1 strike with a different term strike it would be a normal vertical, but since 1 strike is in another month we thus calendarize it

Wellll a stealth bomber you're gonna need an aeronaut license to fly that spaceship lol

My 50/55/60 put fly is negative since $KSS blew past the implied move. I always allocate a very small % of my buying power to these speculative plays so I never win big nor lose big.

I would want to be a pilot for a stealth bomber

I find it very hard to trade newly issued stock. With barely any data its hard to make a decision and speculate. But looking at $LK it looks like this might be a pretty liquid cheap underlying over the next year, will keep an eye on it once it has at least 52 weeks of data.

The only question that one should ask is..... Why on earth is this guy trading illiquid options in the first place?

Diagonals are calendarized verticals. When buying diagonals, make sure that the debit paid does not exceed the width of the strikes. Since theres two expirations you can use the width of the spread as a guideline for a reasonable profit expectation. Ex: Short DEC 105 Call Long Jan 100 Call...

It's not how to start, its how you finish, and by the looks of it you finished great! Gotta lose to win... Good job!

Trading buddy of mine is short the DEC 50/65 strangle @ 1.18 cr in KSS