And UNP 108-109 for .30 credit...filled out the positions this week...but not with any ease.
Beer & Options Journal
- Thread starter beerntrading
- Start date
Might look at that for the FOMC on Wednesday, but I really don't understand the VIX futures well enough to be trading that...
Holy shit, I'm actually up on the day. These claw marks will never come out of the desk, but I held onto AAPL even as it blew past my stop (never hit my hard-stop that is based on the option price, just the underlying's stop--but volatility increase made it an almost zero-sums game between $143.50 and $144.80), but I just couldn't pass up that signal. Got this bucking bronco tamed (I think) and it's smooth sailing.
Other than the FAANG dragging (compare XLK the Tech Spdr and RYT equal weight Tech), we had a pretty bullish day. FAANG held support strongly across the board (with the exception of AAPL, they all tested 5/18 lows today before heading higher). Long-legged dojis across the board signaling inflection. I'm ready to bolt at the slighted scent of bear shit, but I'll sleep easy tonight.
Other than the FAANG dragging (compare XLK the Tech Spdr and RYT equal weight Tech), we had a pretty bullish day. FAANG held support strongly across the board (with the exception of AAPL, they all tested 5/18 lows today before heading higher). Long-legged dojis across the board signaling inflection. I'm ready to bolt at the slighted scent of bear shit, but I'll sleep easy tonight.
There's 50%, they hit .64 a minute ago. I won't pat myself on the back here though....as my call on TSLA was dead assed wrong. I just "knew" it was taking out $356 this week.
Nice call....I'm not doing so well on AAPL at the moment. Not looking so bullish on tech today.
Edit: er...I guess it's just AAPL. The rest of the FAANG are looking good.
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Ugh...so frustrating. Have a close order for the UNP spread at .08, and the net ask has ticked down to .08 and held for minutes without getting a fill!!!! (Fortunately, I was able to cancel the order when I sent it as market and the spread shot up to .10...)
Ugh...exact same thing again, filled at .11 after the net ask sat at .08 for at least 20 seconds after I sent in a market order...awaiting a call back from the broker now.
Well, lesson learned. Different prices on different exchanges... .11 was the close on UNP but still for a generous 22% return.
Out of MO at .10 for 26% gain
...and AAPL for .33 for flat. *sigh* not happy about that one...showed such potential.
...and AAPL for .33 for flat. *sigh* not happy about that one...showed such potential.
Out of IBM for .95 credit for a 9% gain.
Out of BA at .15 for a 39% gain (...that doesn't seem right...double checking my spreadsheet)
So, out for this week for a 12% profit assuming no recovery on SPX...I'll let that one ride through the FOMC since it doesn't have much left in value to give up and a massive potential upside if we get a nasty surprise from Yellen.
Out of BA at .15 for a 39% gain (...that doesn't seem right...double checking my spreadsheet)
So, out for this week for a 12% profit assuming no recovery on SPX...I'll let that one ride through the FOMC since it doesn't have much left in value to give up and a massive potential upside if we get a nasty surprise from Yellen.