straddles are good the week of earnings... otherwise they don't make much sense.
closed at .63 this morning. I had a feeling when the market came back on wednesday that i should have gotten out for a measly 5% profit. 5/8 so far
I'm told a solid track record is anywhere from 2-5 years
With the VIX RSI(4) spiking from 36 to 52, i entered next weeks 195C for 2.66. This will be a quick in and out move.
while they have better odds than lotto tickets, at least a percentage of the money from lotto tickets go to public schools and roads :)
Closed this morning for max loss. Win loss ratio is now 5/7, the study continues.
Sounds like a great opportunity. your very own trading shop :) Much like Million Dollar Traders
This sounds almost the opposite pay schedule of a prop firm, right? :)
This will be the hardest part for a successful trader. Time is money. That being said I have a few mentors in place that give me pointers and...
http://www.turnkeyhedgefunds.com/
Bought next weeks SPY 198c @ 2.10
TSlexi, what did you end up doing?
Closed both positions This weeks 199c at 1.7 for 16% gain Next weeks 198.5 at 2.02 for 28% gain 5/6 w/l ratio average day in trade is 2.83
Entered 198.5c for next week, RSI(4) spiked from 29 to 46, so I bought at 1.58 199c for this week are down 30% I'm doing this more for a data...
Closed out this weeks calls for a -76% at .36, they all can't be winners right? my 199c for next week are up 18%
Down huge against this weeks option Yesterdays entry is up nicely I'll need a huge swing up to salvage this in the next two days :) Oh the...
Guts is right! Eye on the prize
Today was rough. Bought some Sept 199C @ 1.46 after the spike today. The lack of volume for SPY lends me to think this is a minor correction....
Good Feedback MV. If the VIX RSI(4) spikes 10pts, according to Connors, there's a 78% chance the spy will move up 1% in the next 5 days. I...
Yup still holding. (I may have pulled the trigger too soon) i should wait until the end of the day to get in... I agree the market may spring one...
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