NadexMoney!

Discussion in 'Options' started by TheTrue1, Mar 10, 2017.

  1. TheTrue1

    TheTrue1

    The -7.50 and -80 is current P/L. The 20840 is the strike I purchased. I'm saying the market will close higher than 20840. The +30 and +40 the number of contracts purchased for that strike. The third column is the price paid per contract.
     
    #11     Mar 13, 2017
  2. vanzandt

    vanzandt

    OK... so you currently have .... 30 contracts that you paid $81/contract for and 40 contracts that you paid 70.50 for? Is that correct?
    Is there a link where someone can look at these live without having an account?
     
    #12     Mar 13, 2017
  3. TheTrue1

    TheTrue1

    UPDATE..
    ADDED 10 CONTRACTS TO THE 20820
     
    #13     Mar 13, 2017
  4. thaitye

    thaitye

    Seems kinda like you are over exposed here, don't you think? 10.5k account, but almost 80% of your account on a single options trade.
     
    #14     Mar 13, 2017
  5. TheTrue1

    TheTrue1

    Only temporarily. Closed out the 20840 when the market hit 20844(-490). Repositioned with the 20800. Running at around 50% currently.
     
    #15     Mar 13, 2017
  6. TheTrue1

    TheTrue1

    Correct. And I am not aware of such a link vanzandt.
     
    #16     Mar 13, 2017
  7. southall

    southall

    #17     Mar 13, 2017
  8. bbpp

    bbpp

    1. Today NDX is strong and DOW is weak. So if you want to bet up, bet on NDX instead of DOW. That way you get better odds.

    2. Generally, bet up on an index that is up at the time of your betting, and bet down on an index that is down at the time of your betting . That way you get better odds.

    I have a betting Wall ST 30 under 20860.
     
    Last edited: Mar 13, 2017
    #18     Mar 13, 2017
  9. vanzandt

    vanzandt

    So take the (20 contract) 20800 that you paid $69 per/contract for.... as long as YM closes above 20800 you'll make 20x$69 ($1380) off of that play?
    Pardon my unfamiliarity here if that is a stupid question.
     
    #19     Mar 13, 2017
  10. TheTrue1

    TheTrue1

    Closed out 20860 -60
     
    #20     Mar 13, 2017