.sigma's 6 Degrees of Freedom (Short Synthetic Vol) 999 Journal

[deltastrike]

Why not futures? Epecially micro-futures? Futures seem like a better product to swing than stock. But you must have some edge in picking stock direction?

It's account-dependent. Stocks are for a retirement account that's limited to equities and mutual funds.

 

[.sigma]

Here my chart for the $SPX 2 Hour 2 Month..

As you can see we are right at the value by price value range. This is where the most liquidity is per price. We also retraced to the 61.8% level. I don't really use Fibs but they actually work well.

I'm looking for a sell of to the 50% fib then a move higher.

Who knows.. I'll be posting further analysis soon.

 

[.sigma]

I'm looking to get long XOM and AA soon.

 

[.sigma]

On my radar this week.


$XOM
$AA
$UAL
$UNG
$USO

 

[.sigma]

I'm trading $SPX fly's with paper.

Last week I did this.

7 FEB 3220/3240/3260 242 PUTFLY @ 1.20 risk

Its currently quoting 1.85. I'm going to take this one off.

 

[PoopyDeek]

dude, reduce it (242). Oh wait, you're paper trading. Disregard. Nobody cares.

 

[.sigma]

On my radar this week.


$XOM
$AA
$UAL
$UNG
$USO

I'm going to try and update this journal at least once a week (if not more), I'm busier than usual at this moment and its getting in the way of my trading.

Anyway I opened/closed 2-3 trades this week.

2/3/20
$XOM SOLD -2 20 MAR 20 60/57.5 PUT @ $0.83cr

$AA BOT +200 shares @ 14.04

2/5/20
$XOM closed this spread on a huge pop in price @ $0.52 for 31c profit

$AA sold -200 shares @ 15.78 for 1.74 profit

This weekend I"ll be scanning for more opportunities.

 

[PoopyDeek]

Another BS journal with hindsight fills.