ES Journal Archive (2011)

Status
Not open for further replies.
Today is a trend day with a high near the close.

Mojitos here I come. Amazing week Volente, I can't believe it and I'm starting to see it...thanks bro.:eek:
 
Long a vertical SPY put trade. I bought the SPY MAY 132 contracts and sold the MAY 128 contracts. I see a possibility of a small sell off in May.

However, options are expensive so this trade allows me to reduce the cost. Also, I don't know when the sell off may occur and staying long the 132 with a flat market will cause me time decay.
 
Will add at 20 and 22 if the bulls let me. Not looking to hold this past today so will flatten by close even if underwater. Looking for 10 but may have to settle for higher
 
Quote from volente_00:

Will add at 20 and 22 if the bulls let me. Not looking to hold this past today so will flatten by close even if underwater. Looking for 10 but may have to settle for higher

Two choice for op ex. 25 or 10 and below.

Not sure the give up point of the MMs.
 
Quote from Lawrence Chan:

Two choice for op ex. 25 or 10 and below.

Not sure the give up point of the MMs.

The original intention was 14 and below as we can see clearly at open.

But GOOG messed up their plans.
 
Quote from Lawrence Chan:

The original intention was 14 and below as we can see clearly at open.

But GOOG messed up their plans.

Think about letting other stocks to be pressed at the same time.

They would not be able to defend 1300 by close isn't it?
 
To EMG, this is CNBCPRO not normal CNBC so its like briefing.com, you get special alerts.

Only problem, I should have placed a price alert since I missed a trade while doing other things.

Market finally has started to fall after I placed my SPY trade, but of course the lower priced put got more expensive so I am just BE on the trade so far.
 
Status
Not open for further replies.
Back
Top