CL Redux

[riskaddict]

This is pure speculation and completely dependent on this going up pretty much right now but after 2 bloody mary's this is what i see happening.

*obviously if the TL breaks again it's toast.

 

[Visaria]

Quote from Visaria:

bot a couple at 8560

Out of half at 8562

 

[Badeco]

Are we going to test yesterday lows and revert? Any ideas about it?

 

[tstones]

come on, let's make a move!

 

[NoDoji]

Quote from riskaddict:

...after 2 bloody mary's this is what i see happening.

2 bloody mary's sounds inviting after this mornings action. I'm so excited to have ended up in the green, I'm considering taking the rest of the day off.

 

[tstones]

this is the worst CL action I've ever seen

57 cents RTH range, inside day, what a torture

 

[riskaddict]

Chopped my balls off! Around 10 I sold a bunch of 81 and 82 puts and fewer 92 calls to make me slightly net +. Placed a sell stop to get short at .55 and thought it was fucking brilliant at the time when it got filled. Guess I'll just let everything work and go focus on some currencies.

 

[riskaddict]

starting to look brilliant again! Now what I do is when the delta of the short strangle equals the out right short position I take profits on the outright and readjust the strangle to say +300. If the options calculator is right on tos this would all happen at 84.

 

[Visaria]

was away from my desk, just came back and panic bought the half position i sold earlier...at 8570

I woulda bought much lower if i had been here , grrrr

 

[tstones]

could tag 86