Search results

Thanks for your support. Well, here's where I am right now. I have sold one more Put for 31 (from 15.1) and added one more 1430 Call at 6.75, plus opened a new position by purchasing one 1410 Call. I feel the downside from here is limited to 5 more points at the most, but the upside could go to...

You bet :) That's one of the reasons why I'm here, is to help people understand, embrace, and trade options as intelligently and effectively as possible by alleviating the fears about time decay. The other reason is that journaling is truly a new thing to me as I hate to type and I'm quite...

The day is young. :)

They're as good as gold in my book, so they'll count (for me).

Like you said " Envy hates that excellence it cannot reach." :eek:

Just closed out one of my three remainding 1440 Puts for 25.75 (from 15.1) Still holding 2 more Puts and 4 calls.

Although that's a possibility, I'm not expecting a large move. But I am expecting the following: High velocity non linear moves (like what happened today), and high gamma (low I.V.) That should be enough reasons, don't you think ?? :)

Perhaps he forgot to tell us that the moment his stop was hit, the moment he re-entered a short at the same stop price. You just forgot to ask. :D

Added one more 1430 calls and will be taking home four 1430 calls and three 1440 Puts. Tomorrow should be interesting.

Wow. Nice drop. Just opened three 1430 Calls at an average price of 14.20 and sold 2 of my 1440 Puts for 20 (from 15.10) Good day so far.

Yes, they did (the 5/16 ES series) but the May EOM options EW series didn't. :D

I've exited the 1450 Put for 20.5 +2.5 and will hold on to the 1440's for now.

The market is certainly strong today, even though my model is saying to short here. I've added one more May 1440 Put and opened a new one with the May 1450 Put. Thank you July Wheat for helping out today.

Will be adding more all the way to 1448 (if necessary). No stops for now.

Shorted from 1434.25 an hour ago and added more around 1438 using the May 1440 Puts.

Fascinating analysis SouthAmerica. I've always wondered why Mahmoud has that smurk on his face whenever he's shown on TV and asked about the "tension" between his country and USA. He did help the mideast become flush with petro money that they will have to invest it back here when stagflation is...

You can see it and slice it anyway you want, but I would have to respectfully disagree. Let me explain, first of all, as soon as you step into the arena of trading, you're "throwing the dice", the outcome is never guarranteed. My trading today was well within my risk parameters, business plan...

20.748 points to be near exact.

I've being doing this "pure ass gambling" for a very long time. Thanks for sharing and if it doesn't suit you, just ignore me.

And a final summary. Have a great weekend everyone!