gmg733
788 posts
msg #142525
- Ignore gmg733 |
3/1/2018 10:11:25 AM
yeah I just sold strangles in BABA, FB and XOM in the options account.
Net new positions to take advantage of increase in vol today. Trying to get my theta numbers up.
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johnpaulca
12,036 posts
msg #142526
- Ignore johnpaulca |
3/1/2018 10:11:58 AM
MYL...buyers supporting at $41.59
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johnpaulca
12,036 posts
msg #142527
- Ignore johnpaulca |
3/1/2018 10:14:46 AM
VIX...buyers at 20.67 will need to hold this line for shorting
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gmg733
788 posts
msg #142528
- Ignore gmg733 |
3/1/2018 10:17:35 AM
We'll see where /PA closes today but if you can get a bounce and get in around 1011 or 1012 I think this one is going to have a nice leg down.
I don't kick myself much for messing up trades. But I'm kicking myself a bit for missing this one today. I've been distracted lately and not focusing on trading.
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johnpaulca
12,036 posts
msg #142529
- Ignore johnpaulca |
3/1/2018 10:33:33 AM
Hang in there Greg...let the market come to you, wait for a good setup and kill it
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gmg733
788 posts
msg #142530
- Ignore gmg733 |
3/1/2018 10:58:45 AM
JP I'm noticing more how important the BB40 and its center line is for swing trading.
Learning more everyday.
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pthomas215
1,251 posts
msg #142531
- Ignore pthomas215 |
3/1/2018 11:32:46 AM
hang in there Greg. we've all been there. I do think Kevin said something that has stuck with me. Just take the profit when you have it, as you can always get in again. I vehemently disagreed with kevin's system but did get that tidbit from him.
VRX is looking like a great short...@ 15.50 or so...
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gmg733
788 posts
msg #142532
- Ignore gmg733 |
3/1/2018 12:23:54 PM
oh I'm fine. Just being greedy. :)
Wife had ACL replacement so I've been pre-occupied with family. As soon as /PA gives me a green bar, I'll short it. It has been in a bull trend for 2 years and I made a lot of $$$ of that trend. The tide is changing and there is plenty time to short it.
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pthomas215
1,251 posts
msg #142533
- Ignore pthomas215 |
3/1/2018 1:35:47 PM
Greg, oh geez i know. i read your posts. you are a great trader.
this day is starting to look like it could resemble my credit report from 2008.
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johnpaulca
12,036 posts
msg #142535
- Ignore johnpaulca |
3/1/2018 1:44:54 PM
I knew the VIX would bounce but after Friday's rally was having seconds thoughts. In a previous post I mentioned shorting SPY on a break below 2685, well we're here now...2650 you'll find support from BB125
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