2k and SPY - not SPX - options

Discussion in 'Journals' started by deltaf0rce, Apr 2, 2020.

  1. deltaf0rce

    deltaf0rce

    should have like 400 in credit in there tomorrow
     
    #51     Apr 3, 2020
    sstheo and NQurious like this.
  2. sstheo

    sstheo

    You took a big 60% plus hit out the gate, but it seems like you know what you are doing. You can do this. Just scale down somehow?
     
    #52     Apr 3, 2020
    deltaf0rce likes this.
  3. deltaf0rce

    deltaf0rce

    bought 30 4/6 267 c's 11cents... 267 is the 50sma on the hourly...now that we're out of this downward channel, looking for a quick pop. another bull hail mary

    https://www.tradingview.com/x/jvMauDeG/
     
    #53     Apr 6, 2020
  4. deltaf0rce

    deltaf0rce

    SPY tg 292
     
    #54     Apr 6, 2020
  5. deltaf0rce

    deltaf0rce

  6. deltaf0rce

    deltaf0rce

    if this trade works, and hsitory is any guide then it will not, sell the 50sma level nd roll up and out to grab the other 30 pts for the ihs tgt.
     
    #56     Apr 6, 2020
  7. deltaf0rce

    deltaf0rce

    leaving an open .50 s2c and going for a walk.
     
    #57     Apr 6, 2020
  8. deltaf0rce

    deltaf0rce

    flat .238
    acct: 762.80
     
    Last edited: Apr 6, 2020
    #58     Apr 6, 2020
  9. deltaf0rce

    deltaf0rce

    #59     Apr 6, 2020
  10. deltaf0rce

    deltaf0rce

    that contract i sold for 24 cents got squeezed out to 3+ on that run holy smokes batman.
     
    #60     Apr 6, 2020
    NQurious likes this.