I use spreads when I feel that the options are too expensive compared to the expected underlying move and there's a high probability of a 100%...
Took this dip as another chance to add a bit more position. I added some calls on NFLX and BA this time. My NVDA long position is too big....
When the market wants you to get out with a profit, you've got to take it. I was looking at a loss on DE all morning. Locking in gains now on DE...
A lot of things actually come into play for me to take such a position like the ANET call spread yesterday. I take into consideration what the...
I expect ANET call spreads to be worthless. I added more NVDA this time using NVDA Feb wk4 247.5 calls. I was trying to get some with the expected...
Thanks for the chart Jeff, it really felt like we were coming back to normal volatility the past 3 days, and then that surprise this morning. But,...
Yes, the drop this morning is the dip I was talking about. I think it was a 200-300 point swing (I saw the DJIA at +182 and then again at -82...
Added more to BA, NFLX, and NVDA calls on this dip. I'll add more if there's a deeper dip in the afternoon. I'm setting up for a full position on...
I locked in gains on AMAT, but took a -675 loss on UPS calls. That one hurt. Still holding JPM, but calls expire tomorrow so I'm looking for an...
Well, the market is still showing some volatility bouncing around this morning. I've looked at some earnings play today after adding CMG calls. I...
I jumped into CMG Feb wk 4 $300 calls at 2.30 avg price. The new CEO has some potential here and CMG at the lows were bound to reverse. This...
There was nothing for me to add yesterday so I just held JPM and TWTR. I did close out TWTR calls today though, and I'm probably going to lock in...
Added TWTR Feb 30 calls twice today. Once on the way down and another on the way up. I also added JPM Feb 110 calls for a move next week on the banks.
Alright, calm market this morning. NVDA is all over the place so I took the opportunity to leg out of the short 245 calls in the NVDA 235/245 call...
Looks like I jumped out of FB and BA puts too soon. Those were set up as hedges and once I closed out TWTR, I just felt I didn't need it anymore....
Locked in profits of +2400 on TWTR alone. That was unexpected. The profits in SNAP was a little smaller as it started retreating at the open. Also...
Well, I sure hope traders caught that SNAP and TWTR train, cause the reward is here. I'm going to close out my FB and BA puts as I don't need...
Adding a position in SNAP Feb 19 calls today too. I like playing the overshoot on momentum and I think we should get one here.
I started hedging against my NVDA call spread. I ended up using a BA Feb wk2 347.5 put as the hedge. Then I bought TWTR 26/30 call spread ahead of...
It looks like today's rally comes from the industrials like BA, CAT, and MMM. Large techs are barely holding on with AMZN in the green, but AAPL,...
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