My option trades
- Thread starter ryanpatrick
- Start date
Quote from kinggyppo:
I like the AAPL may 585/595 call spread here.
Interesting. You still think it'll hit the upside in a few days here (maybe even tomorrow)? I'm long the weekly puts. Betting that it'll continue its slide tomorrow so barring theta, I'm banking on a purely direction play.
As for falcon, I don't think people need to post PnL here to show their credibility. the quality of their posts is evident.
I figured atticus was good the very first times I started reading posts EliteTrader before I even joined. Then when I saw the quality of other users, I joined.
Besides we all post our trades here. That alone should be a good indication.
atticus,
Your statement is very well put and I fully agree with it.
I've seen you offer good solid trades and they are totally ignored.
Your definitely one of the most in-tune market participants on ET.
Also, I post my own real time trades (minutes after execution..entry, exit, stop, changes...the works) and then display the running results.
More than 70% of those trades are winning and I am sure they are totally ignored.
"You can lead a horse to water but you can't make it drink."
Jeff
Quote from kinggyppo:
I like the AAPL may 585/595 call spread here.
I still think AAPL skew is a good trade, but in fairness, I closed a lot of mine this morning.
Quote from kinggyppo:
This will be the first day AAPL has closed under its 20 day moving average since 12/19/2011, quite a run..............
that is incorrect closed under on 4/13/2012.
ha. And in the last few days, the 20 day moving average is dropping.
I have no idea what the QQQ will do tomorrow? Pressure is more or less stagnant.
Took a midday nap, and decided to try a CONDOR. For the week. I theenk, I made a bollux of it? Was trying to figure it out. Thought I would do it on weeklies, but after I paper trade recorded it, found I did it in the June month in CALLS.
Don´t have a clue what I´m doing mon! Not a clue. Just following the instructions, more or less. Since it is on paper will let it ride. I seem to have a negative (-.28) cents, whatever that means for the two spreads. See what we have by Friday. I think I should have done it on the weekly and let them expire? Ohhh well!
Long June CONDOR in QQQ.
_____________________________________
Okaaay1 Just squeezed this in, before the bell.
Weekly April ( 4 day left ) PAPER TRADE
Buy 67 QQQ Call @.11
Sell 68 QQQ Call @.02
Sell 65 QQQ Call @.85
Buy 64 QQQ Call @ $1.59
Debit on the one spread is ( -.09) cents
Debit on the other spread is (- .74)
Total debit is (-.83)
Made Monday April 16 in the weekly. Close or expire on Friday I presume?
I´m looking at it and not sure what it is supposed to do?????
Guessing. If the market rises, perhaps gain some cents, and can be closed by buying back? The theory behind this escapes me right now.
Took a midday nap, and decided to try a CONDOR. For the week. I theenk, I made a bollux of it? Was trying to figure it out. Thought I would do it on weeklies, but after I paper trade recorded it, found I did it in the June month in CALLS.
Don´t have a clue what I´m doing mon! Not a clue. Just following the instructions, more or less. Since it is on paper will let it ride. I seem to have a negative (-.28) cents, whatever that means for the two spreads. See what we have by Friday. I think I should have done it on the weekly and let them expire? Ohhh well!
Long June CONDOR in QQQ.
_____________________________________
Okaaay1 Just squeezed this in, before the bell.
Weekly April ( 4 day left ) PAPER TRADE
Buy 67 QQQ Call @.11
Sell 68 QQQ Call @.02
Sell 65 QQQ Call @.85
Buy 64 QQQ Call @ $1.59
Debit on the one spread is ( -.09) cents
Debit on the other spread is (- .74)
Total debit is (-.83)
Made Monday April 16 in the weekly. Close or expire on Friday I presume?
I´m looking at it and not sure what it is supposed to do?????
Guessing. If the market rises, perhaps gain some cents, and can be closed by buying back? The theory behind this escapes me right now.
________________________________________
I sold the calls at 1.45 in the last half hour as I watched the 5 minute SPY charts going bad.
This new call biased mechanical system is simply no longer working well enough for me to continue on with cash trades. Its officially on the shelf!