Nope, I wanted to be DEEEEEEEEEEEP ITM. I think the market is dropping to 75 by SEP expiry. LOL
JK. Yeah I meant 1325/1330.
Vertical Spreads for Aggressive Growth
- Thread starter Cache Landing
- Start date
Nope, I wanted to be DEEEEEEEEEEEP ITM. I think the market is dropping to 75 by SEP expiry. LOL
JK. Yeah I meant 1325/1330.
AMGN is getting closer to where I want it.
Probably a good thing I have been away from the computer all day so I didn't see the move up to 1292 . Will sit tight through the Fed rate announcement next week and see what happens. Cache, you might be onto something adding that September bear call spread, I just don't have the time to look into it, work has been hell today.
. Will sit tight through the Fed rate announcement next week and see what happens. Cache, you might be onto something adding that September bear call spread, I just don't have the time to look into it, work has been hell today.Today's Action
BTO 2 AMGN OCT 67.5 c @ 3.50
Year to Date P/L
Account Value: $14,737.50
YTD Gross P/L: 5,345.00
YTD Commiss: 607.50
YTD Net P/L: 4,737.50
YTD % P/L: 47.4%
Entered this a bit earlier than I would've liked because I wanted to balance the port a bit before tomorrow. I was looking for this to get down closer to 67 before entering.
BTO 2 AMGN OCT 67.5 c @ 3.50
Year to Date P/L
Account Value: $14,737.50
YTD Gross P/L: 5,345.00
YTD Commiss: 607.50
YTD Net P/L: 4,737.50
YTD % P/L: 47.4%
Entered this a bit earlier than I would've liked because I wanted to balance the port a bit before tomorrow. I was looking for this to get down closer to 67 before entering.
Looks like this market is going to battle things out for a bit. Tomorrow will give us a better look at what is in store for the short term.
I'm going on vacation for few days and won't have internet access until friday. Unless something crazy happens by the end of the day today, my positions are fine to just wait until then. I will have some stops in place.
I'm going on vacation for few days and won't have internet access until friday. Unless something crazy happens by the end of the day today, my positions are fine to just wait until then. I will have some stops in place.
Hey guys,
What about this for a CTM strategy?
when the fast line of the 5,5 stochastics reaches 20/80, round up to next price increment and add 10 points for call speads and 20 for put spreads for front month. Price in the 1.3-1.9 range depending on time.
If short is breached, (or fast stocahstic makes a higher/equal high) round to nearest increment again, add 10 or 20 points and double down.
For those couple of times a year when the market continues to trend iand nstead of continue to double position until expiration to mitigate loss (martingale approach I believe), close out the second position if the short is breached and let the orignal position run.
Looking back a year, seems to work well using big charts and SET prices
Also Any suggestion for cheap software to backtest this beyond a year?
thanks
What about this for a CTM strategy?
when the fast line of the 5,5 stochastics reaches 20/80, round up to next price increment and add 10 points for call speads and 20 for put spreads for front month. Price in the 1.3-1.9 range depending on time.
If short is breached, (or fast stocahstic makes a higher/equal high) round to nearest increment again, add 10 or 20 points and double down.
For those couple of times a year when the market continues to trend iand nstead of continue to double position until expiration to mitigate loss (martingale approach I believe), close out the second position if the short is breached and let the orignal position run.
Looking back a year, seems to work well using big charts and SET prices
Also Any suggestion for cheap software to backtest this beyond a year?
thanks
