Kudos to MMs

Discussion in 'Chit Chat' started by nitro, Oct 23, 2008.

  1. nitro

    nitro

    Stopped out of both VIX puts and SPY Calls 1238 SPX.

    Will reconsider going long on a cross above 1242 once again, but at this point I see no support until 1172. There are probably some sort of support along the way, but they look minor to me.
     
    #3311     Aug 4, 2011
  2. find a new hobby
     
    #3312     Aug 4, 2011
  3. dont

    dont

    Yup As I said the Top is in
     
    #3313     Aug 4, 2011
  4. nitro

    nitro

    Long SPY Oct 120 Call. Long VIX Oct 30 Put. SPX @1220.

    Stop 1215 SPX. Profit target, not sure, probably 1242-1260. There is minor support here. A gamble for sure, but not an unreasonable one.
     
    #3314     Aug 4, 2011
  5. nitro

    nitro

    Stopped out of SPY calls, but surprisingly, the VIX puts are breakeven so I am leaving them on. The stop on the SPY calls was probably too tight, but I have seen down 100 SPX days. Vola says that doesn't happen today, but who knows, there is still 1 1/2 hours the markets are open.

    I am keeping my losses small. When I get a hold of one I will make it all back and then some, in spades.
     
    #3315     Aug 4, 2011
  6. nitro

    nitro

    If this doesn't move above 1220 soon, I am out of the VIX puts too. I am now red on them and if this were going to turn around, it would have done so near here. I will reeval again soon.
     
    #3316     Aug 4, 2011
  7. nitro

    nitro

    Out VIX puts at 1214 SPX.
     
    #3317     Aug 4, 2011
  8. nice trading
     
    #3318     Aug 4, 2011
  9. nitro

    nitro

    L Oct VIX 30 Puts. L Oct 119 SPY Calls. SPX @ 1203.00.

    Stop SPX 1190.
     
    #3319     Aug 4, 2011
  10. Maverick74

    Maverick74

    You just don't quit do you? I think you are revenge trading Nitro. Just my opinion.
     
    #3320     Aug 4, 2011