My bad Donna, my program starts next Monday. Scheduling mix-up . Next Monday at 5:06 PM. At 5:00 there is the national news and I come right after that starting next Monday. My apologies
I'm setting a reminder. I enjoyed your thirty minute show, although I just found it a short time ago. Looking forward to an hour of it. Good luck with it.
You must have tough ears LOL. I am also looking forward to an hour since many times I had 4 things laid out to discuss and I would get through 1 or 2 of them. I am working with linking up with some big names to get online guests to bring as much as I can on the air. I will post reminders and updates without spamming too much... TRADING NOTE: Nice little dip today may mean good entries for deep OTM put spreads for APRIL. Remember we may be breaking through some key support levels after the sideways movements so do not get cute with your put strikes. Stay as far away as you can for a decent credit. Under 1200 if you can swing it.
hey coach, look like your spoo ic is showing roughly $14k, will u let it expire, or do u intend to buy it back at some point?
I got a week to expiration with short strikes at 1180 and 1335. I will just let it expire since I cannot get the full value now due to b/a spread and remaining time value. I will let all MAR expire worthless and let my box unwind by itself.
With another down open coupled with put sku, I was able to finally complete my IC for March. Just sold 1335/1325 @ .50 credit. For the first time in March, I am finally smack dab right in the middle of my IC. I have a 90 percent or better probablility that all of my positions will expire out of the money. Does this mean I can now relax? -Cash
Well Donna, with the down day today I almost followed your lead and bit on the puts. I decided not to just yet because I want to see some support around 1260. I might end up regretting having waited on this one.