Vertical Spreads for Aggressive Growth

Quote from Cache Landing:

LOL, but it's thursday. Do I really have to wait that long?

Seriously, I'm gonna leave my order on the table and if there aren't any takers today, then I'm gonna leg in tomorrow morning.
More...

Have you tried the cancel/replace technique?

I've outsourced the task of cancel/replace to an enterprising company situated in a third-world country. I effectively now have a whole room of people available 24/7 hitting cancel/replace on my orders all day long taking advantage of the no cancellation fee policy of ToS. These services cost me a mere $19.99/month which I normally make back on average in just one trade thanks to superior execution.

I just keep giving up all of my edges here on ET. *sigh* Where will my generosity end?

MoMoney.
 
Quote from momoneythansens:

Have you tried the cancel/replace technique?

I've outsourced the task of cancel/replace to an enterprising company situated in a third-world country. I effectively now have a whole room of people available 24/7 hitting cancel/replace on my orders all day long taking advantage of the no cancellation fee policy of ToS. These services cost me a mere $19.99/month which I normally make back on average in just one trade thanks to superior execution.

I just keep giving up all of my edges here on ET. *sigh* Where will my generosity end?

MoMoney.
More...

Unfortunately I have tried said technique. I've done it so many times today that I have to scroll for a couple minutes just to find the bottom of my trade page.:D

It seems that the MMs have the same opinion of the market that I do.
 
Quote from momoneythansens:

I effectively now have a whole room of people available 24/7 hitting cancel/replace on my orders all day long taking advantage of the no cancellation fee policy of ToS.
More...

Quote from Cache Landing:

I've done it so many times today that I have to scroll for a couple minutes just to find the bottom of my trade page.
More...


Now i know who is keeping the exchange fees high. Shame on you two. :)
 
Looks like a good jobs report as far as the futures are concerned. My Aug 1295/1300 is going to go well into the red this morning I'm sure but the question is, will the market hold at the higher levels? I guess another concern is what will happen if the Fed does pause next week. Might have to bail on this one if I get a good chance.
 
Quote from Cache Landing:

Good day for legging out of the GS trade that is hurting me.

I'll post the results when I sell the long leg.
More...

Maybe not. It doesn't look like this market has the strength to give me the opportunity. I think I'll just wait this one out for a while longer then roll into SEP.
 
Today's Action

STO 5 SPX SEP 125/130 c @ 1.20

Year to Date P/L

Account Value: $14,740.50

YTD Gross P/L: 5,345.00

YTD Commiss: 604.50

YTD Net P/L: 4,740.50

YTD % P/L: 47.4%
 
Quote from Cache Landing:

Today's Action

STO 5 SPX SEP 125/130 c @ 1.20

Year to Date P/L

Account Value: $14,740.50

YTD Gross P/L: 5,345.00

YTD Commiss: 604.50

YTD Net P/L: 4,740.50

YTD % P/L: 47.4%
More...

Did you mean 1325/1330?
 
You must log in or register to reply here.
Back
Top