No exit strategy. If I am assigned, I will sell covered call. I will update you about my actions on this trade.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Had you seen it the past couple days? I believe it has underperformed the S&P500 a decent amount. I just assume today was somewhat of a catch-up day for it
Going long YM at 17610 5 contracts, stop 17570.
Don't worry, they will jam it back up before 4:15 EST. Sit back, relax and know, everyone is working to get it back up.
Nah I've seen this before (famous last words). Nasdaq and ES start looking all sad and then through it Russell outperforms them for a week straight. If it were just TF doing less bad I wouldn't expect such a descrepancy as NQ down .25% and TF up .66% - particularly now that the wild animals have nothing to get excited about with major earnings being done. There's probably also a DX correlation somewhere in there as well.
I've traded this relationship as a spread before and made money: -3NQ/+2TF, even observing it being safe in an index wide selloff. The reason I don't trade it regularly is because it takes up a decent amount of margin, can be unpredictable with the typical Nasdaq herd behavior, and you have to know when to put it on.
Still alive?
Five minutes till cash close, here we go, giddy up!
