Cool. I very much appreciated your comments helping to pull me back to reality in my journal after my delusional series of back-to-back short...
Not trying to criticize, but have you thought about at what point price action would reject (at least for this series of trades) your bullish...
Thanks, AZ. Good luck on the fly paper trading. I think you will start to feel comfortable with them fairly quickly, as traditional 121 flies are...
I am going dark until after September opex. I heard a story once about Mike Krzyzewski who coaches the Duke basketball team. The team suffered...
Went ahead and closed this pain trade at 42.75 credit, for a -6% return on risk. My unhealthy bearish obsession the last few days has been killing...
Thanks, AZ, I was definitely enjoying your journal. I traded gold quite a bit this summer but have been staying away from it of late. I agree that...
How are things going? I noticed that GVZ has dropped pretty dramatically the last several days.
Went ahead and closed at 2.89, for a return on risk of -23%. That was painful, obviously I was completely wrong on the market direction there....
I am probably going to be closing my purely directional trade (puts) imminently. The butterfly I just put on will be profitable in both directions...
Long the ES Sep20 1605/1645/1725 2/3/1 iron from 39.50 risk (40.50 credit). I am expecting a downward move this week but this position has a good...
I think that given your outlook your reasoning makes sense. The only thing I might suggest is, since you are bearish and AAPL is currently 498, to...
Jimmy, in my opinion the imaginary veil of Internet anonymity can do strange things to some people, and cause them to act in a way that they would...
Thanks, AZ. I had not yet considered trading AAPL tomorrow; what is your price/vol outlook, and what do you like about that particular spread?...
Is your philosophy that if your argument fails, then try an ad hominem attack?
I recommend to always use a limit order. As far as the tradeoff between slippage vs. missing your entry, I think that for trading options that is...
I would strongly recommend always using limit orders when trading options (if you are trading the underlying that can be a different matter). You...
DP, no offense but to the extent possible I would ask all of us to please keep the posts in this journal on topic. I don't think anyone is served...
Thanks for the kind words, Pipflow. Although I certainly would not let the account literally get anywhere close to zero without calling a halt to...
It's not that I am necessarily opposed to it, but would want to do it through a position that has a slight to moderate bearish bias and a...
Careless word choice. I was referring to the desire for the spot price to remain fairly stable with a long ATM calendar. Obviously it's helped by...
Separate names with a comma.