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LIFO/FIFO whatever blows your skirt up. When I was in college, I worked for a while at the accounting tutorial lab. We were going to get two dogs as mascots and name them LIFO and FIFO. Not a very funny story unless you're stuck teaching in an accounting lab.

As part of a fly, bought today's 4200P @ .75. Just traded at 8.25. Should've just done that trade:p Edit: now 10.00

Hmmm...I'm waiting for sub 4215.

Sold Monday's 4140P for .75 Using cost basis of 12.25 for the 4150P and 10.50 for today's 4160P. Likely lost a point here, but have the 4150/4140 bear put spread lottery ticket for Monday. Let the fly expire ITM. Could have gleaned a point or two out of it today, but that kind of close can...

Got another at 16.75

Yes, true. I'm long one lousy MES from 22. Looking to add at lower prices. I wouldn't be surprised to see 4210ish this PM, but I have very little to lose with the fly spread as downside support.

Both of the spreads the diagonal Mon/Fri 4150/4160P and todays 4190/4200/4210 call fly have been blown out of the water thus far. Low risk, though. The fly still has a chance. Yeah, I sold a couple in the 29s and one in the 27s MES. All closed this minute. The only keeping me even in ES...

Sold Friday's 4160P for 11.50, so long Monday 4150P, short Friday 4160P. Less -43.75 on the MES hedge. Call it a point. A little change in heart, directionally.

You were wrong! But pretty damn close. Another good call. Bought Monday's 4150P @ 12.25 earlier. Hedging with a 2 lot MES so far. Looking for a spread, but not a fly. Calendar or backspread will do.

Tough market, but donnap's Salvage Yard was in full operation today. Mostly long MES w/ES put and short call overwrite hedgies expiring today. Did particularly well with the dirt cheap 4160P and the MES longs to a lesser extent. And took in 2 pts. on this fly. My week so far in ES...

Interesting, thanks. I have a chart that suggests 85+ sometime soon. IOW near Monday's close.

Lol. Your call was spot on. I'm down about 300 on my put trade. I'll try to fix it up tomorrow.

Good call.

Taking some heat on a put formation. May have to settle for less than advantagous here

Well, completed the fly for .50 or $25 credit. +4140 -2 4150 +4160 Really should be taking those profits on the long option, although the flies may pay more. We'll see.

Just picked up Wednesday 4140 call for 14.75

baba bing baba boom

+4190C -2 4200C +1 4210C and a 90 gross credit Less about 10 in costs.

Just got it done. Have to tally this thing.

Flipping this thing a little short with MES hedgies. Look to fly it out later.