My only caution on this is that i have buy pendings on the other 3 indices. But they are all pending.... they could reverse and not be filled and NQ is just leading the way... - i may adjust down my stop from the 3499 level as well
nothing showing on UJ, YM or EU - cancelling YM Pending order price is to high this close to expiration
Take profit not hit, stop not hit - went to settlment.. Expired ITM Profitable Your Position has settled Your position in the US Tech 100 (Mar) >3499 (4PM) contract was settled on Thu Feb 06 16:00:09 EST 2014. The details of your settled position are shown below for your reference: Settlement Details: Contract: US Tech 100 (Mar) >3499 (4PM) Quantity: -1 Expiration Value: 3494.150 Payout Amount: $100
Im not specific to ES - I trade 28 markets. If I trade ES futures I hedge with Nadex Spreads... Otherwise i just trade for premium collection on binaries. Yeah tis was more for fun at a posters request to give an example of how i trade nadex short term binaries for premium collection I will check it out though sounds interesting
So summary nothing big to write home about. Usually i trade with a bit more time left in the day etc... but a win is a win..... Most people try to do weekly and monthly condors and verticals for that much..heck i used to do them for 5% net on both sides a month on the RUTT and i was happy with that ...at the same time more time, hours, days, weeks till expiration you have more risk of news and volatile events in between. This is much simpler IMHO and pays more and can be done multiple times a day/hour even. Not for everyone and you have to be razor sharp on risk management but it works for me. $17 -1.80 = $15.20 (24 minutes from entry to expiration) 18% return on Max Risk $10 -1.80 = $8.2 (if held to settlement would have made 15 - but why risk it not my normal day) (15 minutes from entry to exit) 9.6% return on max risk $20 bucks will buy dinner though Though that is not much just to see the impact with larger sizes... If I did 100 contracts would have netted out at ( i know i didn't as i explained bigger sizers wanting to be right prove myself etc..- bad combo but I at least did live trades real money called in real time made a profit and exhibited what I do - hope this helps someone $1700-$18 (fees) = $1684 $1000-$18 (fees) = $982 Total Net - Over $2600 And the NQ US Tech Settlement was ITM as well for full payout. Your Position has settled Your position in the US Tech 100 (Mar) >3499 (4PM) contract was settled on Thu Feb 06 16:00:09 EST 2014. The details of your settled position are shown below for your reference: Settlement Details: Contract: US Tech 100 (Mar) >3499 (4PM) Quantity: -1 Expiration Value: 3494.150 Payout Amount: $100 Your positions and account balance have been updated accordingly.