ES Journal Archive (2009 - 2010)

Now is Now · Apr 30, 2009

SLD 884.00

BUY 881.00

will ADD 886.50 if 881.00 not done

riskymove · Apr 30, 2009

Unreal buying to keep us up in the index futures. Hard to imagine anyone with pockets that deep. At 883.

[Proximo] · Apr 30, 2009

You don't need deep pockets when shorts keep covering.

Longs just need to give it a nudge in the right direction which gets the ball rolling.

Quote from riskymove:

Unreal buying to keep us up in the index futures. Hard to imagine anyone with pockets that deep.

riskymove · Apr 30, 2009

Quote from [Proximo]:

You don't need deep pockets when shorts keep covering.

Longs just need to give it a nudge in the right direction which gets the ball rolling.

Shorts don't cover primarily through index futures once the cash market is open.

iloveoptions · Apr 30, 2009

Quote from iloveoptions:

Back to 30% hedge here at 866. I love these moves!

Nice up move and as predicted (I hate predictions) we got 885! Dumping 1/3 of my hedge here at 885 and back down to 20%.

Current position : Short 814.25 + 20% hedge.

Now is Now · Apr 30, 2009

Quote from iloveoptions:

Nice up move and as predicted (I hate predictions) we got 885! Dumping 1/3 of my hedge here at 885 and back down to 20%.

Current position : Short 814.25 + 20% hedge.

Seems as though you have been having a picnic lately

riskymove · Apr 30, 2009

Definitely some sellers hitting europe's indicies on the close - nothing huge but probably affecting us a little.

Brendan R · Apr 30, 2009

yep, DAX getting hit

Now is Now · Apr 30, 2009

Quote from Now is Now:

SLD 884.00

BUY 881.00

will ADD 886.50 if 881.00 not done

BGT 1/2 882.50

BUY balance 878.00

will re ADD to @ 886.50 if 878.00 not done

iloveoptions · Apr 30, 2009

Quote from Now is Now:

Seems as though you have been having a picnic lately

Thanks NiN! I haven't made the big money on this position (yet) due to the small size of the current short position and the relatively large hedges, thus it kept me positive delta most of the time. Once I put out a large line of shorts (when the time is right), that's when the fun really starts. But overall, my timing on the hedges have been pretty good.