2k and SPY - not SPX - options

Discussion in 'Journals' started by deltaf0rce, Apr 2, 2020.

  1. deltaf0rce

    deltaf0rce

    closed on the figure... https://www.tradingview.com/x/Tp529wtu/ . try and get long back in 264 or lower area on some 4/8 267-270's tomm before the rip...keeping an eye of a re-entry into the neckline (should not if going to be any good )
     
    #61     Apr 6, 2020
  2. deltaf0rce

    deltaf0rce

    Thanks for the confidence my dude. Traded patiently, smoked some herb and played out the thesis. How did your day go.
     
    #62     Apr 6, 2020
    NQurious likes this.
  3. deltaf0rce

    deltaf0rce

    #63     Apr 6, 2020
  4. deltaf0rce

    deltaf0rce

    long 1 4/13 spx 2900 c - 3.7
    spot: 2710
     
    #64     Apr 7, 2020
  5. deltaf0rce

    deltaf0rce

    now that we have this base position on spx, i'm going to dial in here a little more tightly on spy calls
     
    #65     Apr 7, 2020
  6. deltaf0rce

    deltaf0rce

    Going vol shopping on the May calls
     
    #66     Apr 7, 2020
  7. deltaf0rce

    deltaf0rce

    long 1 SPY 300 May call for 1.90...
    spot 270.4

    notes: i don't love getting long in here i think there is some room down, but just to hedge bets on this strength in the 270-271 area i'm going to nibble, thats the advantage of the spy calls..
     
    #67     Apr 7, 2020
  8. deltaf0rce

    deltaf0rce

    I'll look to tune into the 300 strike a little earlier on the calendar now unless we get a strong selloff and then i'll see what's up on the current series
     
    #68     Apr 7, 2020
  9. deltaf0rce

    deltaf0rce

    long 1 may 1 300 spy, 1.11
    spot 271.45

    i have 89 bucks left
     
    #69     Apr 7, 2020
  10. deltaf0rce

    deltaf0rce

    L 1 4/24 300 c's, .74
    spot 272.40
     
    #70     Apr 7, 2020