McInnis 03 said:
EOD lotto here, taking XSP 450c for today. Cash settled so I don't have to worry about it. I'm buying this on the "it's near today's ES LOD and it's yesterday's LOD as well" so I like the R/R here. $.90 ea
AG 2000' said:
I think that Monday Fed meeting amounts to Bullard getting kicked in the shins a few times by Powell, then they come out and say everything is fine, no emergency and not 1%, and we rip.
Will be looking for SPY calls at end of day today to set up for that.
I am going light and want to see what next week has in store. It's also OPEX.$30,000 Millionaire said:
OK,
$50K account:
- Buying 200 shares of APA at 34.05, selling 2 feb 18 34C at $1.1
- Buying to close this week's DKNG short call for $0.05
- Selling next week DKNG 26C for 0.93
McInnis 03 said:If this is your first time on XSP, it's unlike a typical option as it is a euro-style option. It cash settles meaning no shares to worry about.AgEng06 said:
In at 0.80 after I closed 30k's 450P for a profit. Now let's go bulls!
So does this pay $100 per $1 SPX closes over 450? Is that how it works? (minus premium, in my case $80)
If you buy a 450c and at expiration the equity is at 450.18 you'll get .18 x 100, 452.00 would net you $2.00 x 100.
And if it's under 450 you get zilch. I like these on Fridays because you can get your lotto and walk away and truly let it zero or hero.
And all of my risk-off strategies work here too. Say I buy the 450c for $.90 and then a runup happens and I sell the $452c for $.90. I now have a zero risk 2-dollar wide vertical spread.
Wishing I had BOUGHT puts now...Max Stonetrail said:
Sold some AMD 115 puts for next week in retirement not trading account.
Trying to keep my finger off any Buy buttons.
What instrument are you trading? It does not appear I can trade VIX on TDA.BREwmaster said:
maybe this will help someone else... I'm no pro, but I'm raking on scalps by watching VIX for my entries and exits (puts or calls)...text added so you can see what I did. I also went out about a week on OTM options, less burn there on the price/ premiums.
I just mean VIX pulling back, dropping back towards support. If it dumps some (which it just did by the way), markets run (but you know that part).$30,000 Millionaire said:
what do you consider a reversal? Probably worth explaining that.
SPY calls, QQQ puts, depending on VIX, but going to check out XPS soon.Max Stonetrail said:What instrument are you trading? It does not appear I can trade VIX on TDA.BREwmaster said:
maybe this will help someone else... I'm no pro, but I'm raking on scalps by watching VIX for my entries and exits (puts or calls)...text added so you can see what I did. I also went out about a week on OTM options, less burn there on the price/ premiums.
NEWS: The U.S. believes Putin has decided to invade Ukraine and communicated those plans to the Russian military, three officials tell @nickschifrin. Two admin officials say they expect the invasion to begin next week—echoing what Secretary of State Blinken has said.
— Geoff Bennett (@GeoffRBennett) February 11, 2022
More via @nickschifrin : Defense officials anticipate a horrific, bloody campaign that begins with two days of bombardment and electronic warfare, followed by an invasion, with the possible goal of regime change. The North Atlantic Council was briefed on this new intel today.
— Geoff Bennett (@GeoffRBennett) February 11, 2022
This is fitting. I was married on 2/22/20... and the market started crashing 2/24/20.ProgN said:More via @nickschifrin : Defense officials anticipate a horrific, bloody campaign that begins with two days of bombardment and electronic warfare, followed by an invasion, with the possible goal of regime change. The North Atlantic Council was briefed on this new intel today.
— Geoff Bennett (@GeoffRBennett) February 11, 2022
Do you have any other important dates coming up in the near future that you'd care to share with the class?Carlo4 said:This is fitting. I was married on 2/22/20... and the market started crashing 2/24/20.ProgN said:More via @nickschifrin : Defense officials anticipate a horrific, bloody campaign that begins with two days of bombardment and electronic warfare, followed by an invasion, with the possible goal of regime change. The North Atlantic Council was briefed on this new intel today.
— Geoff Bennett (@GeoffRBennett) February 11, 2022
I'm guessing my first daughter will be born the day they invade as my wife will be induced 2/15.
Plot twist: it will be our military doing the cyber stuff.AgEng06 said:
This really makes it seem like the US govt is willing this into existence, or at least promoting it.
ABCCarlo4 said:
I always knew I was a jinx... but DAMN
AgEng06 said:
This really makes it seem like the US govt is willing this into existence, or at least promoting it.
Jet Black said:
In UVXY at $12. Hold it or get out? Over $16 now.
BREwmaster said:Jet Black said:
In UVXY at $12. Hold it or get out? Over $16 now.
Take the profit and run, uvxy is always a very short swing
