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Nasdaq has fallen 250 points so I'll revisit this tomorrow and probably close it early.

Non-directional trade. Confidence isn't strong on this at the moment, but looking for 15% on this by Wednesday. Trade date: 22 November 2021 Security: NDX Price at opening: 16753 Direction: Call Expiry date: 24 November 2021 Strikes: 16840 / 16890 / 16940 Structure: 1 / 2 / 1 Opening Spread: 2.60

To update, we have discussed that this strategy favours bearish positions, and in the recent bull market, I'm not getting directional entries that meet my criteria to trade and post here. Thought-provoking questions here and offline from @jamesbp (for which, many thanks) have been very...

I don't have that info atm but looking back at the last 10 trades, 9 were Puts, and 1 was a Call (on VIX).

The rally towards the end of the week wasn't helpful! Trade date: 12 October 2021 Security: DAX Price at opening: 15136 Direction: Put Expiry date: 15 October 2021 Strikes: 14900 / 15000 / 15100 Structure: 1 / 2 / 1 Opening Spread: 11.10 Close date: 15 October 2021 Trade duration: 3 Closing...

The VIX Call Fly (#71) expired OtM for a 100% loss. Conviction wasn't strong and it was a smaller position than normal. My view of the DAX Put Fly (#73) has changed and my model suggests it should be closed. This morning, spread (mid) is 2.0 (less than 20% of what I paid for it) so I'll leave...

14708 right now! :thumbsup:

Added a short position on DAX today. Trade date: 12 October 2021 Security: DAX Price at opening: 15136 Direction: Put Expiry date: 15 October 2021 Strikes: 14900 / 15000 / 15100 Structure: 1 / 2 / 1 Opening Spread: 11.10

Took profits on this week's short FTSE position, and will unwind the VIX position today. Trade date: 04 October 2021 Security: FTSE Price at opening: 7034 Direction: Put Expiry date: 08 October 2021 Strikes: 6900 / 7000 / 7100 Structure: 1 / 2 / 1 Opening Spread: 23.00 Close date: 06 October...

5. Buy stock and sell weekly OtM calls. Not a popular strategy on here, and a very different risk profile, but you can collect premium each week whilst / if it rises. If you're wrong, the call income will reduce your net loss. For reference, with stock at 26.60 yesterday, the 15 Oct 29 call...

I missed a couple of downside trade signals at yesterday's close, but assuming we're continuing down for a day or two, I've opened a long trade on VIX today. IV was 150%. Not sure how this one will pan out. Trade date: 06 October 2021 Security: VIX Price at opening: 22.83 Direction: Call...

The remaining half of the SPX trade (#60) closed in profit yesterday, providing a useful hedge against long stock positions. Trade date: 22 September 2021 Security: SPX Price at opening: 4404 Direction: Put Expiry date: 08 October 2021 Strikes: 4210 / 4305 / 4400 Structure: 1 / 2 / 1 Opening...

That's correct.

Opened a short position on FTSE for Friday expiry. Trade date: 04 October 2021 Security: FTSE Price at opening: 7034 Direction: Put Expiry date: 08 October 2021 Strikes: 6900 / 7000 / 7100 Structure: 1 / 2 / 1 Opening Spread: 23.00

Thanks for that heads-up!:thumbsup: I had an order for 231 71/73/77 looking to fill at .90 but it didn't fill. Will keep a watchful eye over oil today and tomorrow.

Its a shame to hear that you will no longer be pursuing this @caroy , but thanks for sharing your approach and trades.

A quick update. Half of the short SPX position filled at twice the price paid for it so the other half is now a free bet and will hopefully prove to be a useful hedge against a long portfolio next week. I'm trying to initiate a short position on oil for expiry next Friday and will post the...

Sorry James, I missed this reply. 1. Rounding to nearest strike is the answer. I might have a target price for DAX for example, which is rounded to the nearest 50 strike. For SPX, strikes are at 5 point intervals. If intervals were wider, I would have rounded to 4200/4300/4400. 2. Is that...

Popped a longer duration (16 DTE) short on S&P500. Trade date: 22 September 2021 Security: SPX Price at opening: 4404 Direction: Put Expiry date: 08 October 2021 Strikes: 4210 / 4305 / 4400 Structure: 1 / 2 / 1 Opening Spread: 10.35

Slightly out of order due to being away but the DAX position (#50) closed at a profit a couple of weeks ago. Trade date: 27 August 2021 Security: DAX Direction: Put Expiry date: 03 September 2021 Strikes: 15850 / 15700 / 15550 Structure: 1 / 2 / 1 Opening Spread: 24.9 Close date: 03 September...