Any 10+ point bounce and I'll be offsetting/converting my SPX bull puts. Looking for B/E on a poorly timed QQQQ trade. Still looking for the support to hold for AAPL, probably converting to a bear call if I get the opportunity. Looking for a metals rally for PAAS. In my personal acct. I also have some short straddles that I'm looking to convert. I certainly don't like the fact that HPQ jumped back above 32 and stayed there during the market weakness. I opened it as a hedge trade but it isn't serving it's purpose. As I mentioned on OC's thread, SPX @ 1245 is a very critical support in my eyes.
I think you might be a tad early on closing the spx...I think the rest of the week at worst is consolidation then we have a 3 day weekend...so I'll wait a week to look to roll down. But you make $$ and thats the bottom line...congrats
Yes, we probably have a little bit more upside left but I don't think we make it over 1280. Update: BTC 1 more of the bull puts @ 1.55 BTO 2 1245/1255 @ 2.05 (currently holding 2 b-fly.
Today's Action BTC 3 SPX JUN 1235/1245 P @ 1.65 (ave.) BTO 2 JUN 1245/1255 P @ 2.05 Year to Date P/L Account Value: $13,093.00 YTD Gross P/L: 3,540.00 YTD Commiss: 447.00 YTD Net P/L: 3,093.00 YTD % P/L: 30.9%
Well, I traded SPX well but I'm getting rocked by my tech trades. Market is likely heading lower tomorrow, especially Nasdaq. I don't know how much I will stomach at this point. Might have to take the losses and re-position.
AAPL calls QQQQ calls PAAS bull puts PAAS short straddles (bullish bias) HPQ bear puts SPX put b-flies (bearish bias)