1:08PM, May 19/08, NDX Multiday Market Call! Sell anylong, and Go Short

I just took off the part shorted at 2017. Done for the day. Covered with NDX at 2010. Profit 7 points.

Total for today: 12+14+7=33points to add to the bag of gains.

Trade details are posted in the blog (with the exception of the trade entered at 2017 which is to be added later today).

http://financialtraders.blogspot.com/

RFT (God bless him, his good readers,and increase the number of papas following/funding them). :cool:
 
Quote from commiebat:

Thank you, from one of your humble and dedicated readers.

I will use these profits to buy gum.
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With the 9 points you should be able to get the jumbo pack.
 
Quote from optioncoach:

With the 9 points you should be able to get the jumbo pack.
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Indeed. Today I will lead a life of excess. Bless your coachy ways and all your faithful readers.
 
I just went short again with NDX at 2022. Half normal size to keep overnight in case it gaps down tomorrow, and earning short call premium in the meantime.
 
Quote from shortie:

today I am out of sync with the market. the crazy thing does whatever it pleases. :D
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It is shacking the early bears, and dis-orienting the bulls before delivering the kill. But I will not be off her back. It is a great time for day traders.
 
Quote from riskfreetrading:

I just went short again with NDX at 2022. Half normal size to keep overnight in case it gaps down tomorrow, and earning short call premium in the meantime.
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Half of nothing is nothing. Since you don’t have a "normal" size you're simply playing a game of semantics, which is just another way of ducking any actual trade posting.

As usual if we’re higher tomorrow you wont mention this ½ of nothing and if we’re lower you’ll dance around like a child.

Laughing at the hint of calls decaying overnight any significant amount
 
Quote from xflat2186:

Laughing at the hint of calls decaying overnight any significant amount
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Come on xflat, you know risky's calls start decaying almost immediately.

Besides, calls are the only way to go when you want to capture a 6 point move in a 2000 point index. Time decay be damned.

Watch the futures before tomorrow's open. Risky's gonna bag him a zeeba.
 
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