SPY Swing Trades

C

cactiman

Looking for another Melt-Up to a New High over the next few months:

10/02/13:
BOUGHT +1 SPY 100 JAN 14 (107 days) 177 CALL @1.35 LMT
SPY @168.28
Cost of Trade: $135.00 + $1.50 comm. = $136.50
Delta: .22
:cool:
 

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I'm with you! not in that trade but think market will melt up although if you had to ask me what I thought of that chart you posted I would say market is about to roll over..
 
Quote from Took2Summit:

I'm with you! not in that trade but think market will melt up although if you had to ask me what I thought of that chart you posted I would say market is about to roll over..
More...


Just buying a dip near a Higher Low, near the 50 day MA, which has worked every time since last December.
Will it work one more time?
Or will we finally get the 10%-20% Pullback/Correction many think should have happened by now?
Time will tell...
:)
 
Added to my Long Position today during the Dip to a new Higher Low.
Figuring SPY will Rally/Melt-up after the Knuckle Heads in D.C. come to an agreement.
:p

*10/08/13:
BUY +2 SPY 100 JAN 14 (101 days) 177 CALL @1.15 LMT
SPY @166.05
Cost of Trade: $230.00 + $3.00 comm. = $233.00
Delta: .18

*10/08/13:
BUY +1 SPY 100 JAN 14 (101 days) 176 CALL @1.29 LMT
SPY @165.49
Cost of Trade: $129.00 + $1.50 comm. = $130.50
Delta: .19
 

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Bought some more SPY Calls yesterday and today.
Think the Higher Low is in at 164.53, and the next Melt-up/Rally has begun.
We'll see.
:)

*10/09/13:
BUY +1 SPY 100 JAN 14 (100 days) 176 CALL @1.27 LMT
SPY @165.56
Cost of Trade: $127.00 + $1.50 comm. = $128.50
Delta: .19

*10/10/13:
BUY +1 SPY 100 JAN 14 (99 days) 168 CALL @5.04 LMT
SPY @167.89
Cost of Trade: $504.00 + $1.50 comm. = $505.50
Delta: .49

*10/10/13:
BUY +1 SPY 100 NOV 13 (36 days) 176 CALL @.33 LMT
SPY @168.25
Cost of Trade: $33.00 + $1.50 comm. = $34.50
Delta: .11
 

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SPY Uptrend Swings (11/16/12 - 10/16/13):

Low: 131.82 to High: 142.46 = +8.07%

High: 142.46 to Higher Low: 137.52 = -3.47%

Higher Low: 137.52 to Higher High: 151.06 = +9.85%

Higher High: 151.06 to Higher Low: 146.58 = -2.97%

Higher Low: 146.58 to Higher High: 158.10 = +7.86%

Higher High: 158.10 to Higher Low:152.00 = -3.86%

Higher Low: 152.00 to Higher High: 167.36 = +10.11%

Higher High: 167.36 to Higher Low:154.97 = -7.40%

Higher Low: 154.97 to Higher High: 170.14 = +9.79%

Higher High: 170.14 to Higher Low: 162.26 = -4.63%

Higher Low: 162.26 to Higher High: 172.76 = +6.47%

Higher High: 172.76 to Higher Low: 164.53 = -4.76%

Higher Low: 164.53 to Today's High: 172.16 = +4.64%
 

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Sold 2 SPY CALLs to raise cash for other trades:
*10/17/13:
SOLD -1 SPY 100 JAN 14 177 CALL @1.88 LMT (SPY@172.29)
SOLD -1 SPY 100 JAN 14 177 CALL @2.04 LMT (SPY@172.75)
Net Proceeds: $188.00 + $204.00 - $3.00 comm. = $389.00

$389.00 Proceeds - $233.00 Cost (on 10/08/13) = +$156.00 Net Profit = +66.95% in 9 days
 
Everyone's talking about SPY making 180, which makes me nervous.
Think it probably will do so, but not in a straight line.
Looking for a pause and some profit taking first, back to 170 or so, before it continues higher.
We'll see...

Sold my remaining 5 CALLs today:
SOLD -1 SPY 100 NOV 13 176 CALL @1.17 LMT (SPY @174.25)
SOLD -1 SPY 100 JAN 14 176 CALL @3.00 LMT (SPY @174.24)
SOLD -1 SPY 100 JAN 14 177 CALL @2.60 LMT (SPY @174.37)
SOLD -1 SPY 100 JAN 14 168 CALL @8.25 LMT (SPY @174.34)
SELL -1 SPY 100 JAN 14 176 CALL @3.06 LMT (SPY @174.41)

Net Proceeds: $1808.00 - $7.50 comm. = $1800.50
$1800.50 Proceeds - $935.50 Cost (from 10/02/13 to 10/10/13) = +$865.00 Net Profit = +92.46% over 19 days
....................................................................
Bought 2 PUTs:
*10/21/13:
BUY +1 SPY 100 DEC 13 (60 days) 170 PUT @2.18 LMT
SPY @174.29
Cost of Trade: $218.00 + $1.50 comm. = $219.50
Delta: -.33

*10/21/13:
BUY +1 SPY 100 DEC 13 (60 days) 170 PUT @2.17 LMT
SPY @174.35
Cost of Trade: $217.00 + $1.50 comm. = $218.50
Delta: -.33
 

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SPY Uptrend Swings (11/16/12 - 10/21/13):

Low: 131.82 to High: 142.46 = +8.07%

High: 142.46 to Higher Low: 137.52 = -3.47%

Higher Low: 137.52 to Higher High: 151.06 = +9.85%

Higher High: 151.06 to Higher Low: 146.58 = -2.97%

Higher Low: 146.58 to Higher High: 158.10 = +7.86%

Higher High: 158.10 to Higher Low:152.00 = -3.86%

Higher Low: 152.00 to Higher High: 167.36 = +10.11%

Higher High: 167.36 to Higher Low:154.97 = -7.40%

Higher Low: 154.97 to Higher High: 170.14 = +9.79%

Higher High: 170.14 to Higher Low: 162.26 = -4.63%

Higher Low: 162.26 to Higher High: 172.76 = +6.47%

Higher High: 172.76 to Higher Low: 164.53 = -4.76%

Higher Low: 164.53 to Today's New High: 174.75 = +6.21%
 

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Bought 2 more PUTs today.
Still looking for a Profit Taking Pullback, before SPY rises to 180.

*10/22/13:
BUY +1 SPY 100 DEC 13 (59 days) 170 PUT @1.82 LMT
SPY @175.54
Cost of Trade: $182.00 + $1.50 comm. = $183.50
Delta: -.29

*10/22/13:
BUY +1 SPY 100 DEC 13 (59 days) 170 PUT @1.79 LMT
SPY @175.62
Cost of Trade: $179.00 + $1.50 comm. = $180.50
Delta: -.29
 

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