Not a good day in donnapland. Barbarians at the gates. Didn't get the calls back, so I'm short 200s Sunday. Cost basis 200.83 gross. So the position is back in loss big time. But I feel that I can trade out of it, I always think that way, or at least neutralize it and build size for the next round. I had about 5 minutes to decide whether to buy those calls back for about even money or leave a limit out for a better price.
Had a longer post, but no time. Gotta go out. I'd like to see prices 2005s or lower during the overnight. We'll see. I'll miss about the 1st hour.
For me it wasn't a matter of should I get long, but where to get long. This looked like a good place. But the overnight is a dark and dreary place to be. The question remains; hold it or scalp it (if given the opp) and re-enter. Oh well, I'll deal with it later. Time to watch TV!
Well, I was trying to neutralize the position. Liquidity was poor, except in ES, I had several orders out, no fills. So I was satisfied with the position and let it stand with some open orders. Still no fills. Take it from here. Spin used to call it, "the miracle of time decay," lol. That looks OK today and the position has improved some.
Still getting used to the price action and timing of this. It can be difficult. I saw the earlier short, but just didn't catch it. I chased it for awhile.