ES Journal - 2017/2018

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Buy1Sell2 said:
I'm interested though to see if the stop that I had would have been taken out in afterhours (or perhaps even RTH). I was not able to keep my position open overnight since I was at roughly 10 X leverage. --I would generally not take a position overnight at more than 4X and a long term position no more than 2X. These leverage amounts are based upon value of trading accts and not TLNW. Never risk more than 2 percent of TLNW on any one trade/idea.
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You are still here? Shouldn´t you be a multi millionaire by now and leave this club? :D
 
Nighthawk says,

buy some OTM SP500 calls strike 2640. Buy some OTM 2380 puts.

When 2640 in ES is being hit, sell all your calls, buy ITM puts from your proceeds. Go golfing next 4 years.
 
Nighthawk said:
Nighthawk says,

buy some OTM SP500 calls strike 2640. Buy some OTM 2380 puts.

When 2640 in ES is being hit, sell all your calls, buy ITM puts from your proceeds. Go golfing next 4 years.
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So buy the 2380/2640 outside strangle for what exp? Guess? SPX hits 2640 and you buy ITM puts.

Jan17 strangle is $44 (no quotes on my phone). Worth $73 tomorrow at vola-400bp and ATM at 2640. 65% and you golfing for four years?
 
Market Induced Vol is a gift... License to print money, literally!
Spooz Top 2 said:
+21...

Core Short Position still in place... was tempted to lighten load at 45.25.. but rerained.
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Core short position trailer hit after hours ramp @ 2472... from cost /sell basis 2566.50... +94.50 handles.. left 30 H on the table... no complaints!

God bless this Vol/ license to print !!!
 
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