Perhaps you can search for the "optioncoach " thread...spx credit trader ................perhaps one of the best on ET.....this will be of great...
Since I seldom do small lots ( 500 contracts ) like yourself..... my thinking is that you may want to think about starting with 1 contract. Hope...
Stoney, This is Mister mop.....please come back.
I sold the dec 12.5.....and i am concerned. The price action has been terrible......may jettison this trade sooner rather than later. :eek:
How do you decide when to roll down a position ?
jreyn, Although Stoney needs no defense, may I suggest that you short at your own peril. Stoney has been spot on during the declines and...
Still short, although several very interesting waves are coming off the coast which may develop, would still love to see 4.50 cash, but ready to...
Thank you for your thoughts.......but i could be completely wrong. Clearly there is tremondus downward pressure right now and i have to respect...
Actually i think your analysis is right on. When i look at the seasonal chart it looks like my short position has perhaps a week left in it. With...
trust me.....i watch every tropical depression coming off the African coast.........and your right about amaranth......but have a similar set up...
I think it fills the Sept 06 gap...( cash 4.50 or so )....im short and will reverse there....if i get that fortunate:confused:
I shorted yesterday ......to much momentum to the downside right now.......it feels like they may get this thing down to 4.50......:confused: :
I posted this under tech trading.....maybe of use to some.....perhaps wasted space to others..... Here is something that you maybe interested...
Forgot to mention......the trades are driven only off the opening.......( done on the daily chart ).....so easy to swing trade. hope this helps.
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