Show me where I said "I sold 200 @ 2". Show me where I said it or you are a LIAR! I said i'm short 200 @ 2. That's very different. I could have sold some calls @ 1 1/2, some @ 2 1/2, some a few weeks ago etc. It averages out to: short 200 @ 2. You people are arse clowns!
James Stock ! The market is moving against you, so please take this opportunity as I (like many) ask you: PLEASE GO AWAY. And do not come back via another handle.
I hate to break it to you, but I believe that the Feb. 1200 Calls on the S&P Futures had a high of 2.00 last week. They never traded 2.50 as you say. In fact, they never got anywhere close! They settled at 2.10 last night with the futures closing at a new high, making new intra-day highs. Thus, it is highly unlikely that those calls traded above 2.00 last week when the futures never got higher than 1149.25 Nice try!
Take your friggin lithium arse clown. Where in Blue Hell does it ever say I made the trade LAST WEEK?? This is something you imagined after taking too much daily lithium. Furthermore, I never said I sold @ 2 (even though I did sell a few there). I said I'm short 200 @ 2. That's $40K I stand to make if they expire worthless. I've made multiple trades over weeks in this option, and the average price is short 200 @ 2.
Waaahh!! Please go away...waaaah! Are you crying when you say this? If so many want me to go away, why does any thread I start have more views than most others in trading?
So, your telling us you are or have been short 200 contracts of the Feb 1200 S&P500 Calls? YES or NO ?
I suppose this current 'after the fact' trade doesn't count. Magically short at 2. Average, of course. PS. I love the Pig Vomit thing. Funny, really, really funny. Arse Clowns has me cracking up also.
How is it "after the fact" when I said I'm short at 2 and it traded at $2 the same day (1/23)? I say I'm short @ 2 on Jan 23rd, and from Jan 21st-23rd it traded at or over $2 on each day. You is a fool. Now can you please return to "moderating", rather than embarrassing yourself?? ok, pig vomit. Find the exact moment I said I'm short 200. Check the price of the option, and that's the price you have me selling it at. This is despite the fact I know it traded at and over $2 wed-fri, which is when I said I was short. Bottom line, i'm short 200.
======= James Stock; You got a good point in the sense of now not being perhaps a good time time to load up on longs. And calling tops or '' toppy'' in a bull market is a low % profit or no % profit game, even if 115 on the SPY does resist some.