Vertical Spreads for Aggressive Growth

Discussion in 'Journals' started by Cache Landing, Jan 27, 2006.

  1. Just got filled on some SPX JUN 1235/1245 P @ 2.40
     
    #511     May 22, 2006
  2. Crucis

    Crucis

    Credit or Debit?
     
    #512     May 22, 2006
  3. SPX coming your way any day now LOL.

     
    #513     May 22, 2006
  4. Welcome aboard the crashing train. LOL

    If i knew you wanted in, i could've made market with some of my 1235/1240 position. :D

    This doesnt feel like a correction, more like a crash. I think we are not done yet. I can see another 1 sigma move down from here before all is said and done.
     
    #514     May 22, 2006
  5. Credit. Yeah I realize that we aren't showing too much strength right now, but I was feeling so left out that everyone else was having all the fun. LOL.:D
     
    #515     May 22, 2006
  6. Today's Action

    STO 5 SPX JUN 1235/1245 P @ 2.40


    Year to Date P/L

    Account Value: $12,883.00

    YTD Gross P/L: 3,315.00

    YTD Commiss: 432.00

    YTD Net P/L: 2,883.00

    YTD % P/L: 28.8%
     
    #516     May 22, 2006
  7. Crucis

    Crucis

    Well I jumped in for a 1225/1235 P @ 1.90. I'm in the same boat as you---just a little deeper. :D
     
    #517     May 22, 2006
  8. yeah, I've got to admit that I'm a little nervous now too.:eek:
     
    #518     May 22, 2006
  9. Crucis

    Crucis

    RSI has turned up!! Has the bottom bounced??
     
    #519     May 22, 2006
  10. cnms2

    cnms2

    Some people recommend: "Don't try to catch a falling knife!". It's true that $SPX is rarely a knife ...
     
    #520     May 22, 2006