Now I am fine with my spx fly as i will lose only 200 if i am wrong. I am thinking of selling a 30/32/33 facebook skip strike fly tomorrow.I need...
Well imho i have enough capital to take some heat. My main problem has always been patience. For example I bought the fb 2014 leap when it was at...
Sold part of the SPX fly. Sold an unbalanced fly at 1330/1355/1405 (sold 2 -1330/bought 6 1355 and sold 2 1405). The original fly has been...
SPX at 1355 but I dont think i should sell. Wait maybe a week. Not much profit. Spx hit 1355 a lot faster than i thought. I think buying shorter...
Yeah, yesterday was a good day to buy. Im seeing some greens today...just need to be patient. The way facebook is going it might hit 35 this week.
Out of curiosity Atticus, do you believe in Technical Analysis (support, resistance, double bottom, i.e. looking at the charts?
That is what i am stating. :D
If I bought a calendar, like you said in your previous posts (in some other thread), I would buy expecting a drop. So in other words otm put...
Well I was bullish because the healthcare ruling was supposed to come out this week even though the vix was relatively low given all the turmoil....
I am down >10% today on the spx, but I am going to wait till healthcare ruling before I make any decisions. As far as facebook, I have no plans...
Researcher, Any reason you chose the 1330 for the calendar? Earlier, you wrote that the 1330 was better than Atticus's 1345 calendar. Any reason...
These are Call butterflies. My understanding is that put/call/iron butterflies are equivalent. The only difference between iron and put/call fly...
I realize that we already have plenty of threads where people post their trades, but I feel like I also need to do this to learn how to trade....
Thank you for the response guys. Well, I started with 100k capital for trading, which has dwindled to half that. I took a lot of risks, which...
Let's say I have a 50k account. Since options are highly leveraged, do you all think I should use more than 5% of my account per week? Many...
FB will be going up till earnings come out IMHO. Prudent thing to do is buy LEAPS on FB and sell them before earnings announcement.
For example, I owned the june 2400/2500/2600 NDXl butterfly spread until two days ago. I in fact had a profit of almost 30%. The market rallied...
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