Chart shows strong support at SPX 1350. Expect more bounce in the very near term, but when it breaks it could maybe go to 1300 or lower.
CRM part of straddle swap, short options go out this Friday, reports May 17. Will keep it pretty tight.
I concur sir. Long RUT & Es (have a fly to 1365 neutral, looking like not enough now). Also long EUR fut calendar (bullish bias to 1.32). Probably carrying too many deltas currently, but whatever.
Out of the CRM straddle swap at a slight loss. Looking to add AAPL May18 570/590/610 Fly, under 5.00 mid Also, Es May18 1350/1380/1410 ~ 8.75 mid
It's that time of the year again dawgs! The PCLN train is RIGHT HURR!!! So all my trading niggas, what you gon' do? I'm thinkin of risking about $1600 here on a 725/785/845 weekly fly... No trades yet.
lol That's still a binary as the 725s will be at <$1 if this thing trades even $5 lower on the report. Why not trade a single 700/750/800 May18 call fly at 11.00? I have three from 11.00. Edit: Ryan, you should try a delta-fly now and then as it reduces the necessity to hedge AH (which you're unable to do). Like the V trade which would've been a massive winner AH had you been able to lock in shares. The PCLN 700/750/800 fly 11 contrasts to the 700/750 bull spread at 24. You lose the unimodal delta, but the fly performs far better under 1sigma up/down. The fly is better than a double at 750 while the vertical cannot match that gain.
That makes a lot of sense actually. I got in at 11.00 too. Just 1 fly. I need something here because the last 5 or 6 days I've been losing quite the sum of money... Moral is : short women when you're long trading options...