Well, I finally got filled on some SPX calls. With any decent drop I will be looking for a good put spread to finish off the IC.
Vertical Spreads for Aggressive Growth
- Thread starter Cache Landing
- Start date
Interesting, I was looking at DNA to go short ...
About a month ago somebody posted on another thread about going long on DNA, and after I looked at it I took a small short position on it, that proved profitable.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1019346>
This is why I kept it on my screen. In the mean time DNA had a sharp upswing but now is drifting down.
About a month ago somebody posted on another thread about going long on DNA, and after I looked at it I took a small short position on it, that proved profitable.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1019346>
This is why I kept it on my screen. In the mean time DNA had a sharp upswing but now is drifting down.
Thought I would check out the chart again after your comments. I didn't notice the support at 86 that turned into resistance last month. The quick spike through it caused me to miss it. I based my decision on support at 80-81 and the 20SMA. I'll keep a close eye on it though. Thanks for the heads up.
Today's Action Cont.
STO 4 SPX APR 1340/1350c @ 1.1
STO 4 SPX APR 1240/1250p @ .55
Year to Date P/L
Account Value: $10,851.50
YTD Gross P/L: 1,030.00
YTD Commiss: 178.50
YTD Net P/L: 851.50
YTD % P/L: 8.5%
STO 4 SPX APR 1340/1350c @ 1.1
STO 4 SPX APR 1240/1250p @ .55
Year to Date P/L
Account Value: $10,851.50
YTD Gross P/L: 1,030.00
YTD Commiss: 178.50
YTD Net P/L: 851.50
YTD % P/L: 8.5%
Quote from Cache Landing:
Thought I would check out the chart again after your comments. I didn't notice the support at 86 that turned into resistance last month. The quick spike through it caused me to miss it. I based my decision on support at 80-81 and the 20SMA. I'll keep a close eye on it though. Thanks for the heads up.
went long strangle on DNA yesterday ( both APR and MAY) , vols should go higher from here...
You're probably right.
cnms2 how do you do those screen shot's so you can post them? That may improve my recordkeeping
thanks dI'm using irfanview, a freeware program from http://www.irfanview.net/ .
Quote from DonnaV:
cnms2 how do you do those screen shot's so you can post them? That may improve my recordkeeping
THANKS!