trying to sell 111/113 Aug SPY put spread @ .69, gonna need a decent drop to get it (no stop, max-loss of 1.31 per spread)
It kinda does. It's HIS journal and he can say what he wants.
Some of the longer-term levels I'm looking at on the SPX... White lines are upcoming option expirations, white boxes are strikes im considering...
It's almost like they're trying to lose money.
A 400% gain Seriosly, take some time off, recapitalize with whatever you can, and start again.
I think most of the "to the moon" folks have probably given up on that. You'll always have institutional and buy-and-hold types that will stay...
Just remember: the market has a vicious tendency to humble us just when we think we've got it all figured out.:)
Only problem with this is that it seems like everyone is thinking the same thing. A move back up through the highs, then a roll-over, seems the...
Back in the early days of the last crisis the fed did a suprise pre-market cut and we had a bigger 1-min candle I believe. Thought it was like 40...
non-farm payroll number in 10 minutes. 89k exp. keep your fingers crossed. at this point any non-horrible number should be bullish, considering...
I actually considered selling some AUG 1125 puts at the close. (Un)fortunately I don't have the stomache for two weeks of torture. Will look...
Live to trade another day. On the bright side, you got out of that partial near the pre-market highs. At least you had a plan and stayed...
Terrifying wins.
What? You don't think it's a good idea for CNBC viewers to be using huge leverage in highly volatile markets they know nothing about?
Only time I've sold a CC is if I have a longterm position and want to hedge some and/or take advantage of a jump in vol, save some on comm and...
AHHHHHHHHHHHHH :mad:
what I'm trying to tell you is that MTE is correct. as he's made clear your trade is a complicated way of being short a sep call and short a dec...
You realize that the delta of the option changes, right? You are short volatility.
I could write an encyclopedia on my screw-ups. Just part of the game. One thing that helps me is to slow down after a mistake and become more...
Either people taking off vol positions and hedges or people assuming the bull market will continue (or at least give a sharp bounce off the lows)...
Separate names with a comma.