Well, I finally got filled on some SPX calls. With any decent drop I will be looking for a good put spread to finish off the IC.
Interesting, I was looking at DNA to go short ... About a month ago somebody posted on another thread about going long on DNA, and after I looked at it I took a small short position on it, that proved profitable. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1019346> This is why I kept it on my screen. In the mean time DNA had a sharp upswing but now is drifting down.
Thought I would check out the chart again after your comments. I didn't notice the support at 86 that turned into resistance last month. The quick spike through it caused me to miss it. I based my decision on support at 80-81 and the 20SMA. I'll keep a close eye on it though. Thanks for the heads up.
Today's Action Cont. STO 4 SPX APR 1340/1350c @ 1.1 STO 4 SPX APR 1240/1250p @ .55 Year to Date P/L Account Value: $10,851.50 YTD Gross P/L: 1,030.00 YTD Commiss: 178.50 YTD Net P/L: 851.50 YTD % P/L: 8.5%
cnms2 how do you do those screen shot's so you can post them? That may improve my recordkeeping thanks d
The vols on many stocks are so cheap/stupid cheap now , I opened many long positions for upcoming report season. NFLX at 40 ??? Unreal. Good luck , C_L