Took a portion off @ 1.05. Some technical analysts were quite bullish on the market. I'm still bearish in the very short term so I'm leaving some position on until near expiration.
Yeah I concur, slightly bearish short term as well. Market looks pretty quiet, settling into a range. But a rally from here seems plausible due to Europe calming down and a dearth of economic news. I have some RUT and NDX flies neutral to 760 and 2600 respectively, carrying slightly negative deltas. Also some AAPL/AMZN flies neutral to 585 and 225, and VXX and ES calendars.
And if the trade doesn't work out you can always claim it wasn't really a trade at all but was just on your watch list. You tool.
I was thinking you are the artist formerly known as ForexForex. If not, you did nothing to deserve that and I apologize. If you are, you know what you did to deserve that.