This was hanging around worthless in the ledger for several weeks. It's officially gone now. Full loss on that, a thing to avoid in the future.
Continued from previous post...
This is a "raised from the dead" kind of situation. I had actually given up on this trade.
I had a...
Sold this @5.60 (Sold at open ~194).
P/L on this position +21%
I'll post the charts on that below.
My first diagonal spread (live) test is coming to an end. The Jun14 puts expired worthless last Friday. SPY price was between 289-290 (see...
This is how that same situation will look next week (06/12) considering price remains constant. Theoretically it's possible to not only...
This is what is to be expected from the 14Jun/17Jun 283/282 Put. Purple line is today and the green arrow is where current price was when I...
My first attempt to trade diagonal spreads. I took these trades last tuesday when SPY was ~278.50 so the 282/281 & 283/282 were both...
Very true. An important reason for me to stop daytrading. Such <15 periods can go on for months.
Some thoughts on trading options.
This is a relatively new instrument for me. (trading it for less than a year and not very actively)
Another month has passed. And there's good and bad news.
The good news is that my sytem works. The picture above was a prediction for the...
Sold this @3.74 (underlying was ~284.07)
P/L on this position: +6%
Open positions are PM and FB and both rather red.
SPY - long Jun21'19 282 PUT @3.52 (ETF was ~285.40)
Shorting the index instead of a stock...
Yes, please do.
I'm using options myself as a directional trade. Just buying calls or puts.
But I'm very interested in the mechanics of those...
I really need to pick up my homework again during the weekend because there is a clear correlation between actually doing it and my...
Concerning the PM trade:
V-shape reversal on the weekly. The top was around 92.70.
Meanwhile we had a retrace back to ~82.50, which has...
Facebook (FB) - long Jun21'19 190 CALL @4.60 (stock price was ~186.76)
Not exactly a bargain right now. But... this signalled yesterday....
Philip Morris (PM) - long Jun21'19 87.5 CALL @1.15 (stock price was ~85.34)
Throwing this out. Not going as expected.
Sold DIA @$2.43 (ETF price was ~254.80)
P/L on this position -35%
DIA - long Jun21'19 262 CALL @3.70 (ETF price was ~258.80)
Seems like an interesting place for a push up on the daily chart with the double...
To elaborate a bit on the inactivity:
I'm a great fan and user of cycles in stock charts. Some years ago I did some testing with Fourier...
Separate names with a comma.