i know what you are saying, i cant seem to get any trades on chip stocks right lately. on the other hand i dont remember the last time i lost money in the SPX, so sometimes i wonder why i even bother with individuals.
yeah, I'd say over 75% of my gains this year have come from SPX. Sometimes I ask myself the same question. I've been specifically trading broad-based indices more since I filed my 05' taxes and decided that I need to trim some fat off of my strategy.
SPX @ 1285. I decided to go ahead and tempt the MMs with the 2 leftover b-flies that I've got on this thread. Order in to buy back the 1235/1245.
Today's Action BTC 2 SPX JUN 1235/1245 p @ 0.80 Year to Date P/L Account Value: $12,963.00 YTD Gross P/L: 3,425.00 YTD Commiss: 462.00 YTD Net P/L: 2,963.00 YTD % P/L: 29.6% Looking for a 20 point move down and +300 bp rise in vols. over the next week.
cache, just closed my sox position at 1.60. Loss of .60. It could still be profitable and expire OTM but not worth it here since we had our bounce already. Remind me to never trade that illiquid POS again LOL
still trying to close part of those flys?LOL thought you've been trying since spx 1280? Maybe you are asking for too much :eek:
Nope, closed part of the flies yesterday. I was actually trying to get filled on some JUL bear calls today.
Today's Action STC 3 SPX QQQQ 40 c @ 0.50 Year to Date P/L Account Value: $12,823.50 YTD Gross P/L: 3,290.00 YTD Commiss: 466.50 YTD Net P/L: 2,823.50 YTD % P/L: 28.2% Set stop @ 0.50 on the spike this morning. Quickly triggered thereafter.