SPX Credit Spread Trader

"mon Back SPX.... 'mon BACK!

Need some nice pullbacks to chew the clock a bit and stay below 1300. Without any unexpected surges, we could see a nice range in the upper 1200s from 1275 to 1300...
 
What a good feeling. I'm out of all my FEB positions and came out pretty good for the month. A little bummed about that bullish run right when I least expected it, but overall not a bad month. I'm sure some of you out there are glued to your screen so as not to miss your exits. Happy trading!

Cache
 
Quote from optioncoach:

"mon Back SPX.... 'mon BACK!

Need some nice pullbacks to chew the clock a bit and stay below 1300. Without any unexpected surges, we could see a nice range in the upper 1200s from 1275 to 1300...

If you want it to come back, just put on a sizeable bull put for MAR.:D
 
I am waiting for the Coach Phil Contrariarn Fund collection plate to go around. I will buy as many call hedges as you need for the market to pull back :)
 
Quote from optioncoach:

I am waiting for the Coach Phil Contrariarn Fund collection plate to go around. I will buy as many call hedges as you need for the market to pull back :)

I think one of our fellow ET-ers snagged said plate, and is using it to fund his account.:mad:
 
guys I've run across a very interesting and informative thread that I want to post on the Calendar Journal but don't know how to insert threads....also the last few pages (total abt 39) are from a very knowledgable trader who was doing IC's on OEX and SPX in 03 and had thoughts us credit spreaders might find useful on managing and adjusting IC's ...HELP!
 
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