ES Journal Archive (2006 - 2008)

[RAY]

Arb opportunity everywhere... nobody wants them?

 

[jagmot]

Quote from newguy05:

shorted naked calls? ouch sorry man! checkout the options section, there are some very good discussion around the risk/reward on it.

Technically yes. Only because I thought the Sept options were toast.

I will recover but I might just take off for a month as all the hard work just about went poof in this move.

This is after I was saying I wouldn't take short setups because it just wasnt right when we were in a 'death spiral'

I learned my lesson I'm going to take a trade if I see it. They screwed me, I gotta look out for myself and only myself.

 

[jagmot]

Quote from iloveoptions:

This is truly unprecedented. I feel for you. At least the implied vol will drop considerably depending on what strikes you wrote

Thanks. I had to buy some ES to cover in the premarket as I was going to get a margin call (on my trading account)

 

[Spectre2007]

those who trade similar to my methods... today is shaping out once in a lifetime system day.

easy 50 points on that roundturn.

watch other sectors get demolished in the sp500...as a proxy for financials.

when the rules of the game change, there are other ways to get around the rules.

 

[iloveoptions]

Quote from jagmot:

Thanks. I had to buy some ES to cover in the premarket as I was going to get a margin call (on my trading account)

Look at it this way jagmot, we still have 3 months before the year is over. I'm sure you can recover most by year end.

 

[smilingsynic]

Please answer my poll in the index futures section.

Basically, I am curious as to how e-mini stock index future traders did this week. Volatility is a double-edged sword: hope you were on the right side of the blade!

 

[pulsescan]

it will be interesting to see how this plays out.
tripple witching.
government manipulation.
cant short the market.
Only longs can win today.

Wow. If my longs don't lose I can thank the good ol govt.

 

[Spectre2007]

Quote from Spectre2007:

those who trade similar to my methods... today is shaping out once in a lifetime system day.

easy 50 points on that roundturn.

watch other sectors get demolished in the sp500...as a proxy for financials.

when the rules of the game change, there are other ways to get around the rules.

1202 trade back... to yesterdays close.



I will hammer u down..........

 

[Lawrence Chan]

If some big funds / individual traders / sell side firms are under margin on their short holdings and are liquidating, where would the indices go?

DOWN.

Because they have to sell their long positions too.

 

[gwac]

Lawerence

Gap is getting closer by the minute, going to take a lot of work but you never know...

Quote from Lawrence Chan:

If some big funds / individual traders / sell side firms are under margin on their short holdings and are liquidating, where would the indices go?

DOWN.

Because they have to sell their long positions too.