ES Journal Archive (2011)

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Quote from iloveoptions:

Filled on all seven adds. BE at 1293.92

Targeting 1293.75 on those seven. Leaving the rest to run. Stop at 1263.75
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Out of those seven on the overnight session near BE. Holding 3 positions still with a BE of 1293.92, and added 3 more positions just a few minutes ago at 1283.

Current BE now stands at 1288.375
Looking to add 6 more positions at 1272.75
 
Quote from Lawrence Chan:

Time to jack up the indices to decay the option prices over the weekend.

MMs got what they wanted - a bigger range to work with for the 2nd half of the year.

They are not going to make it easy.

Of course more b.s. on debt talk, you can throw everything out of the window.
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H&S still in play. Lower highs lower lows. Only thing that concerns me is the huge open put interest at 130 spy.
 
Quote from iloveoptions:

Out of those seven on the overnight session near BE. Holding 3 positions still with a BE of 1293.92, and added 3 more positions just a few minutes ago at 1283.

Current BE now stands at 1288.375
Looking to add 6 more positions at 1272.75
More...
will you add more at 1150? :)
 
Quote from volente_00:

H&S still in play. Lower highs lower lows. Only thing that concerns me is the huge open put interest at 130 spy.
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I know. That's why tagging 1300 before weekend can happen.

That's now up to the politico drama I guess.
 
Quote from iloveoptions:

Not on top of what I have, lol. It would be a new position from there :D
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Interestingly, I probably got lucky getting out from way above at 1331.5 by averaging down. The key for me was great volatility coupled with sensible position sizing. Will I succeed with this plan next time?? I have no idea.

But I was upset yesterday for not being able to get out at 1313 since that was the high, as my orders at that price weren't in the book in a timely manner. I have to accept that nuisance as a trader I suppose.
 
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