ES Has Topped

My stop was a little too close earlier apparently. ES has topped again for a while. I am short again here at 2534.25. Initial stop 2545.00
 
theapprentice said:
i tried to warn you all :)
More...

Boo.

Hiss.

Might be better'n getting stopped out at 8-down or 10-down thought, right?
Shittttttt.

Myself, I covered Friday's 2545s by going wider at 2550, and opening $10-wides at 2525. (And trying like a mo-fu to buy back 2510s for a shiny 5¢. JEEEEZ what a stingy market today. The (SPX) ATR from 3pm to almost 3:20, was ONE TICK.
 
tommcginnis said:
Myself, I covered Friday's 2545s by going wider at 2550, and opening $10-wides at 2525. (And trying like a mo-fu to buy back 2510s for a shiny 5¢. JEEEEZ
More...

I ended up pulling three Oct06 parachutes [roll-ups to increasing $-@-Risk, AND going low to Oct13 (seeing as puts are usually easier to roll in this vicious-skew environment)]. Da-ammm-ammmn. But I got pissed enough that I was rolling via broken-wing butterflies, and 'buying' an extra one at each point -- the impact being that, for a relatively tiny amount, I end up with owned strikes (bought very cheap) $5 or $10 in front my worrisome shorts. BOY does that relax and mollify the Deer-in-the-Headlights juices......
 
You must log in or register to reply here.
Back
Top