ES Journal Archive (2006 - 2008)

[jagmot]

Quote from iloveoptions:

First unit of shorts entered near 1418 using the 1430 May Puts. I'm getting a delta of 75 relative to the sp contract for a mere 700 bucks...cheap.

Interesting although I'd rather have time decay working on my side.

(Attachment - these are not realtime trades for integrity of the journal)

 

[iloveoptions]

Quote from Prevail:

I'm with ILO, this has all the indications of a top, imploding vix, atr5 nearly half of atr44, absolutely no fear, dumb $ could push us higher but this should begin to roll over. short 1470, 65, and 60 eom calls.

Prevail,

Be careful shorting options at these low VIX levels. Not prudent, unless you know what you're getting into. The market can rally AND I.V. can go up with it, thus leaving you in a precarious position.

 

[futuman]

Quote from tommymoose:

I'm looking for a replay of yesterday.

You rarely get replays in this business.

 

[blaster1]

Quote from blaster1:

Short 18.5, stop 20.75.

Edit: out 1/2 @15.25 +3.25

Out remainder @18 +.5

 

[Buy1Sell2]

day trade

long 1411.50

initial stop 1395.25 no target
Stopped raised to 1413.50

 

[ammo]

need to print 1417.90 on spy to start move down

 

[gwac]

Watch the trendline!

Quote from ammo:

need to print 1417.90 on spy to start move down

 

[blaster1]

Short YM 13000, stop 13007.

Edit: out 12987 +13

 

[iloveoptions]

Purchased 2 more puts - one at 11 and the other at 8.5 . I'm gonna hold on to them till tomorrow . Because I owned several May 1400 Calls from last week (sorry, I don't have a screen shot to show the purchase date for those), they helped cushion the current 3.5 point drawdown on those puts. Average price now is at 11.84 for the puts.

 

[ammo]

connect 3/3/03 and 7/3/06 on a monthly,that was the top ,i hope the longs got out up there