Blog Archives

creating credit $SPY credit spread

/s creating credit $SPY credit spread by shorting 141 puts and going long 140 puts at .18 cents spread OVERSIZED.

Posted in General Trading

covering the short on $SPY 140 credit spread puts at .07 from .23 so about 75% profit $-)

/b covering the short on $SPY 140 credit spread puts at .07 from .23 so about 75% profit $-) the reason I’m locking it in is to rool up the short now to 141 with a new credit spread.

Posted in General Trading

buying $BIDU 150 weekly calls at 1.00-1.10 OVERSIZED

/b buying $BIDU 150 weekly calls at 1.00-1.10 OVERSIZED this brings up the stake to a 2x oversized position. I am very bullish on BIDU here , friday we shorted puts and went long these calls I am now further

Posted in General Trading

The Week In Crayons

This Friday’s action marked the end of not just the week, but also of the first quarter of 2012. While the markets began the day in a weak fashion selling down at the open, buyers stepped in and were able

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading

buying $AAPL 605 calls at 5.85 same contract amount as the short legs on the iron condor shorts leg of the calls

/b buying $AAPL 605 calls at 5.85 same contract amount as the short legs on the iron condor shorts leg of the calls, this makes a huge position on the 605 leg but am willing to do it since 2x

Posted in General Trading

creating butterfly on $AAPL 600 weekly calls at a 1.85-.1.88 2x oversized

/b creating butterfly on $AAPL 600 weekly calls at a 1.85-.1.88 2x oversized. this means I am short the 600 weekly calls and long the 605 and 595 weekly calls the oversized is the 1.85 spread. The first entry into

Posted in General Trading

buying BIDU 150 weekly calls at .65 next week expiery OVERSIZED

/b buying BIDU 150 weekly calls at .65 next week expiery OVERSIZED. earlier today we bought stock oversized witch is 5 times the money allocation at BUDU 141.83 . The larger picture I think looks very bullish on BIDU multi

Posted in General Trading

buying BIDU 150 weekly calls at .65 next week expiery OVERSIZED

/b buying BIDU 150 weekly calls at .65 next week expiery OVERSIZED. earlier today we bought stock oversized witch is 5 times the money allocation at BUDU 141.83 . The larger picture I think looks very bullish on BIDU multi

Posted in General Trading

buying $AAPL 610 weekly calls at .50 OVERSIZED

/b buying $AAPL 610 weekly calls at .50 OVERSIZED using the second pullback on AAPL today as a buying opportunity but it is high big risk. I have a mental stop at .2 and plan on selling at least 1/2

Posted in General Trading

creating credit spread on $AAPL 565 weekly puts at 2.45 area 2x oversized trough $AAPL 560 weekly puts at 1.55 area

/s creating credit spread on $AAPL 565 weekly puts at 2.45 area 2x oversized trough $AAPL 560 weekly puts at 1.55 area if she will clear. This is twice my usual largest single entry but it is so to help

Posted in General Trading

/s exiting butterfly on $AAPL 570 puts at .23 cents spread a loss from .28 entry witch is not bad

/s exiting butterfly on $AAPL 570 puts at .23 cents spread a loss from .28 entry witch is not bad considering the high news of AAPL now moving to give out dividends.

Posted in General Trading

/b buying $AAPL 610 calls at same contract about as my short on 605 calls to make an of balanced butterfly since this buy is same contract amount as the short leg.

/b buying $AAPL 610 calls at  same contract about as my short on 605 calls to make an of balanced butterfly since this buy is same contract amount as the short leg.

Posted in General Trading

The Week in Crayons

I mentioned last week that our near term highs were likely to contain price this week as the markets further consolidated the massive gains we have seen over the last several months. Well, I was way off. That near term

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Stocks

shorting $SPY 139 calls same contract amount as the long on 137 calls

/s shorting $SPY 139 calls same contract amount as the long on 137 calls, this is like locking in the profits on the 700% gain we have on $SPY 137 calls but we still have the 140 calls that can

Posted in General Trading

going bearish AAPL by buying $AAPL 555 weekly puts at 5.00 area OVERSIZED and shorting $AAPL 600 calls at 10.00 same contract amount of the long 605 stake, both next week expire options

/b going bearish AAPL by buying $AAPL 555 weekly puts at 5.00 area OVERSIZED and shorting $AAPL 600 calls at 10.00 same contract amount of the long 605 stake, both next week expire options. I am down badly on the

Posted in General Trading

creating $AAPL credit spread by shorting $AAPL 595 march calls at 3.15 trough $AAPL 600 march calls at 2.80 area oversized the spread. am taking advantage of this huge premium spike on $AAPL very far out of the money calls

/s creating $AAPL credit spread by shorting $AAPL 595 march calls at 3.15 trough $AAPL 600 march calls at 2.80 area oversized the spread. am taking advantage of this huge premium spike on $AAPL very far out of the money

Posted in General Trading

exiting $AAPL butterfly strategy at .71 spread

/s exiting $AAPL butterfly strategy at .71 spread. anywhere between AAPL 550 and 555 would be very profitable AAPL but at 559 it goes back towards even . with the strategy making a slow move up more profitable than a

Posted in General Trading

The Week in Crayons

The monotony of the endless stair case up in the markets was finally broken this week as price action for the first time in months saw a substantial albeit quick retracement. While most of the selling took place in one

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Stocks

creating a CALENDAR Credit spread on $AAPL shorting 340 weekly calls at 3.15 area and buying MONTHLY march 345 calls at 5.60. Oversized the spread

/s creating a CALENDAR Credit spread on $AAPL shorting 340 weekly calls at 3.15 area and buying MONTHLY march 345 calls at 5.60. Oversized the spread. Usually when you do a credit spread you focus on the same month but

Posted in General Trading

adding $SPY 555 weekly calls at 1.40 oversized

/b adding $SPY 555 weekly calls at 1.40 oversized I see the opening gap cover as a buying opportunity for think $AAPL should move to 540 before the iPad event at 1pm eastern bringing up the stake to a 2x

Posted in General Trading

buying $SPY 137 march calls at .43 OVERSIZED SPY hit exactly the level we called for yesterday of 134.70 support.

/b buying $SPY 137 march calls at .43 OVERSIZED SPY hit exactly the level we called for yesterday of 134.70 support. Now that we have candles on hourly with only wicks bellow the level am using todays pullback as a

Posted in General Trading

buying $AAPL 555 weekly calls at .80 area OVERSIZED

/b buying $AAPL 555 weekly calls at .80 area OVERSIZED usually falls like this are huge buying ops and we are doing great on puts from yesterday considering locking in profits sory late post first trade of the day

Posted in General Trading

buying $AAPL 550 weekly calls at .95 area OVERSIZED still hold the 555 weekly calls

/b buying $AAPL 550 weekly calls at .95 area OVERSIZED still hold the 555 weekly calls that am down on but wish to make the bullish bets stronger. By the way the short on 510 puts were a 3.5x oversized

Posted in General Trading

sold $AAPL 515 puts at 6.15 locking in 156% pure profit on 2x oversized stake

/b sold $AAPL 515 puts at 6.15 locking in 156% pure profit on 2x oversized stake from yesterday so turning from bearish to fully bullish, also will buy 505s to have the 510 turn into credit spread

Posted in General Trading

In the Spotlight — VMED

Over the last month or so,Virgin Media (VMED) has been benignly trading sideways after breaking out of a nice cup and handle formation that had developed from November of 2011 through the first couple of months of 2012.  While it

Posted in Charting & Analysis, Charts, Commentary, General Trading, Stocks, Watchlist

buying $AAPL 515 weekly puts at 2.40-.50 2x oversized

/b buying $AAPL 515 weekly puts at 2.40-.50 2x oversized with the intention of later shorting $AAPL 520 weekly puts before Wednesday event or if we see strength today.  The reason why the position is larger than usual is because

Posted in General Trading

The Week in Crayons

As has been the norm throughout this year, the markets stair-stepped just a bit higher yet again this week after a couple of half hearted attempts at a pull back were once again met with strong buying. While the pervasive

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Stocks

Thanks for Registering for the Stockguy22 HealthCare Stock Webinar for Saturday Feb 25th , 2012 @ 1pmEST

Thanks for Registering for the Stockguy22 HealthCare Stock Webinar for Saturday Feb 25th , 2012 @ 1pmEST   This is a private Webinar to only those members that have paid/registered or have been manually approved. If you have not signed

Posted in General Trading

The Week in Crayons

Much to the chagrin of bears everywhere, the markets continued their relentless march up for yet another week as the rally to open 2012 continues. While there continues to be sporadic bouts of selling intraday, there has been a strong

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Stocks

covered short on $SPY 135 puts at .46 area from .77 small profits

/t covered short on $SPY 135 puts at .46 area from .77 small profits but was worth the shoot. and the short on 136 puts erased losses on 135 and 136 calls. Disappointing week on SPY but ptofitabe but very

Posted in General Trading

adding $SPY 136 weekly calls at .20-.21 OVERSIZED

/b adding $SPY 136 weekly calls at .20-.21 OVERSIZED so now we are up to a 2x oversized stake on $SPY 136 calls weeklies with the first entry yesterday .26, plus we still hold the credit spread on the puts

Posted in General Trading

buying $SPY 136 calls at .26-.27 OVERSIZED . big smiles on our strategy from yesterday

/b buying $SPY 136 calls at .26-.27 OVERSIZED . big smiles on our strategy from yesterday where we ended up exiting the butterfly holding a strait $SPY 135 puts credit credit spread plus long $SPY 135 calls long position that

Posted in General Trading

sold the $SPY 135 weekly puts at .83 area and bought $SPY 135 weekly calls at .64 area 2x oversized

/s sold the $SPY 135 weekly puts at .83 area and bought $SPY 135 weekly calls at .64 area 2x oversized. the butterfly did its job am now exiting it at a small loss but overall the strategy remains profitable

Posted in General Trading

adding $SPY 132 weekly puts at .19-.20 OVERSIZED yesterday we entered these at .27-.28 so this brings down the average

/b adding $SPY 132 weekly puts at .19-.20 OVERSIZED yesterday we entered these at .27-.28 so this brings down the average. The market fell at open but bounced up on great data but a little to fast so will use

Posted in General Trading

buying $SPY 132 weekly puts at .27-.28 my formulas are at a critical point multi day where the market direction is soon to be chosen

/b buying $SPY 132 weekly puts at .27-.28 my formulas are at a critical point multi day where the market direction is soon to be chosen for the rest of the week This is a bearish bet of the intraday

Posted in General Trading

News for February 3 2012

Euro-Area Manufacturing, Services Return to Growth, Led By Germany, France Apple Infiltrates $3.8 Trillion Market With iPad (AAPL) Blackstone Studies Brocade Buyout on No Deal (BRCD) Deutsche Bank Shuns ECB Loans for Reputation (DB) Greece Seeks Second Rescue, Fights to

Posted in General Trading

adding doubling the $AAPL 460 week y calls leg and adding to the 455 puts short

/b adding doubling the $AAPL 460 week y calls leg and adding to the 455 puts short to make this position off balanced but still 3x oversized the spread. This way if we have a gap up we can still

Posted in General Trading

Creating debit spread to PROTECT the 200% profits we have on the $SPY 132 calls that we entered into at .45 and are now 1.40 from yesterday by shorting same contract amount of the 133 calls at .62

/s Creating debit spread to PROTECT the 200% profits we have on the $SPY 132 calls that we entered into at .45 and are now 1.40 from yesterday by shorting same contract amount of the 133 calls at .62 .

Posted in General Trading

selling $AAPL 450 puts at 1.70 area from .86-.90 locking in the 2x oversized profits while buying same contract amount of the $AAPL 445 puts at .64 area same contract amount

/s selling $AAPL 450 puts at 1.70 area from .86-.90 locking in the 2x oversized profits while buying same contract amount of the $AAPL 445 puts at .64 area same contract amount. this moves the long leg on the $AAPL

Posted in General Trading

Rolling Up Credit spread by locking in short on $AAPL 445 weekly puts from yesterday at .40 level from 1.35 then Creating Credit spread by selling $AAPL 455 weekly puts at 2.60 area trough $AAPL 450 puts at .80 area its at .97 now

/s Rolling Up Credit spread by locking in short on $AAPL 445 weekly puts from yesterday at .40 level from 1.35 then Creating Credit spread by selling $AAPL 455 weekly puts at 2.60 area trough $AAPL 450 puts at .80

Posted in General Trading

Creating Credit spread by selling $AAPL 445 weekly puts at 1.35 and buying $AAPL 440 weekly puts at .60 area

/s Creating Credit spread by selling $AAPL 445 weekly puts at 1.35 and buying $AAPL 440 weekly puts at .60 area OVERSIZED the spread. By making sure the spread is the oversized money allocation then if we have sideways action

Posted in General Trading

buying long $AAPL 470 weekly calls at .28-.33 OVERSIZED super high risk play

buying long $AAPL 470 weekly calls at .28-.33 OVERSIZED super high risk play. Its financed with some short puts plays from last week. Last week $AAPL was held back after great Es and believe that this week we should get

Posted in General Trading

The Week in Crayons

Despite ending the week somewhat off their new highs, the markets for the most part continued the slow and relentless rally that began about a month ago. As has been the case during that time, sellers have been few and

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Indicators

buying $AAPL 460 weekly calls at .18-.20 OVERSIZED so am now 3x oversized

/b buying $AAPL 460 weekly calls at .18-.20 OVERSIZED so am now 3x oversized and am creating debit spread $AAPL 445 puts at 2.20-2.00 OVERSIZED trough 435 weekly puts at .24. I am now as bullish as one can be

Posted in General Trading

Creating a Credit Spread by selling $AAPL 440 puts 1.35 area trough $AAPL 435 puts at .40 area 2X OVERSIZED

Creating a Credit Spread by selling $AAPL 440 puts 1.35 area trough $AAPL 435 puts at .40 area 2X OVERSIZED . am betting on $AAPL not falling more and interim protecting the long on 460 calls against premium decay if

Posted in General Trading

bought long $AAPL call long position on 460 weekly calls at .54 area

/b bought long $AAPL call long position on 460 weekly calls at .54 area OVERSIZED, with intention of adding to these calls again with only 2 days till expiery. We still hold the 445 weekly calls and we have 100%

Posted in General Trading

The Week in Crayons

The markets continued their slow march up this week with little to no real pull backs as the bulls relentlessly stepped in to support the markets any time there was a hint of a drop. We have now drifted in

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Indicators

Creating an Iron Butterfly by shorting $NFLX 100 jan calls at .84 area vertical credit spread

/s Creating an Iron Butterfly by shorting $NFLX 100 jan calls at .84 area vertical credit spread. trough $NFLC 105 at .03 area  since we already have the credit spread on puts from earlier in the day now with this

Posted in General Trading

buying long stock position IMAX at 20.76-.80 This is with a swing in mind with a target of 25.80

/b buying long stock position IMAX at 20.76-.80 This is with a swing in mind with a target of 25.80 but I may end up holding this instead longer term, have not yet made up my mind.  There is a

Posted in General Trading

buying a long options call position on $SPY 131 calls at .28-.29

/b buying a long options call position on $SPY 131 calls at .28-.29 sorry for late post as I send this out its at .34 but feel that the market is to well positioned. And big smiles on our shorts

Posted in General Trading

going bearish bonds by buying a long options puts position on $TLT 121 weekly puts

/b going bearish bonds by buying a long options puts position on $TLT 121 weekly puts . I would like to enter around .33 have not yet found an entry but am looking for it here. The market is very

Posted in General Trading

The Week in Crayons

While the markets opened down on Friday looking tired and ready to roll over after a week of positive gains, they gained traction midday and eventually rallied to close just below the days high’s. Friday’s price action was part of

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading

selling $SPY 128 calls at .32-.30 and .26 from .13 so put to 148% profit and selling $SPY 127 weekly calls at 1.15 area 105% profit so we made on todays day trades 2.5 X oversized profits

/s selling $SPY 128 calls at .32-.30 and .26 from .13 so put to 148% profit and selling $SPY 127 weekly calls at 1.15 area 105% profit so we made on todays day trades 2.5 X oversized profits but more

Posted in General Trading

/b buying $SPY 129 and $SPY 130 next week calls at .40 and .74 areas respectively both oversized . and locking in profits on short 1/2 $SPY 127 puts at .19 area as to keep a 4x oversized short overnight.

/b buying $SPY 129 and $SPY 130 next week calls at .40 and .74 areas respectively both oversized . and locking in profits on short 1/2 $SPY 127 puts at .19 area as to keep a 4x oversized short overnight.

Posted in General Trading

selling 1/2 $SPY 127 weekly calls at 1.30-1.28 188% profit

s selling 1/2 $SPY 127 weekly calls at 1.30-1.28 188% profit on the day trade on a position that was very large meant to be a leg to protect the short on 127 puts that are now profiting big aswell.

Posted in General Trading

buying $SPY 127 weekly calls at .45-.50 a very large stake enough to be able to short 126 calls to make this a credit spread and have us in a overall iron condor till clarity is seen

/b buying $SPY 127 weekly calls at .45-.50 a very large stake enough to be able to short 126 calls to make this a credit spread and have us in a overall iron condor till clarity is seen. I am

Posted in General Trading

shorting $SPY 127 weekly puts at .75-.72 OVERSIZED trough 126 puts at .39 area this brings up the total short at 4X OVERSIZED at .75-.54

/s shorting $SPY 127 weekly puts at .75-.72 OVERSIZED trough 126 puts at .39 area this brings up the total short at 4X OVERSIZED at .75-.54 . I can not add any more to these shorts, if it were to

Posted in General Trading

/bl buying $FSLR stock long term at 36.00 this is for a tuck away and if you look at weekly and monthly charts I like the potential of such strongly oversold levels.

/bl buying $FSLR stock long term at 36.00 this is for a tuck away and if you look at weekly and monthly charts I like the potential of such strongly oversold levels. I would like to hold FSLR for the

Posted in General Trading

adding $SPY 129 weekly calls at .36-.39 OVERSIZED and adding short $SPY 127 weekly puts at .71-.70 OVERSIZED the spread trough $SPY 126 weekly puts and buying TBT at 18.40 2x OVERSIZED stock

/b adding $SPY 129 weekly calls at .36-.39 OVERSIZED and adding short $SPY 127 weekly puts at .71-.70 OVERSIZED the spread trough $SPY 126 weekly puts and buying TBT at 18.40 2x OVERSIZED stock. OK I am more than bullish

Posted in General Trading

shorting $SPY 127 weekly puts at .58-.54 2x oversized credit spread trough 126 puts

/s shorting $SPY 127 weekly puts at .58-.54 2x oversized credit spread trough 126 puts. I have not yet entered the 126 long leg but would with to get them at .25 area. The reason Im making this twice the

Posted in General Trading

adding $SPY 129 weekly calls at .49-.50 OVERSIZED we entered initially last week at .23 and are up 100% already

/b adding $SPY 129 weekly calls at .49-.50 OVERSIZED we entered initially last week at .23 and are up 100% already. The market breakout we saw as a possibility last week I believe is this week finally materializing. Am looking

Posted in General Trading

The Year in Crayons

The last week of 2011 in the markets was mostly uneventful as price action basically drifted sideways finishing the week right around where it started, capping off a year that also finished right around where it started. Of course, while

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Indicators, Stocks

shorting $SPY 126 weekly puts at .36 and .29 I wanted to short at .40s but markets never fell enough to give the premium on the puts

/s shorting $SPY 126 weekly puts at .36 and .29 I wanted to short at .40s but markets never fell enough to give the premium on the puts. credit spread through 125 puts at .04 oversized the spread. There is

Posted in General Trading

adding $SPY 126 weekly calls at .33 to make the position 2x oversized

/b adding $SPY 126 weekly calls at .33 to make the position 2x oversized, the initial entry was yesterday at .47. Still believe that it was hard enough to bring the markets green for the year and I do not

Posted in General Trading

covering then going long $SPY 126 weekly calls at .47 oversized and buying next week $SPY 129 weekly calls at .24 area Also sold $SPY 125 weekly puts at .25

/s covering then going long $SPY 126 weekly calls at .47 oversized and buying next week $SPY 129 weekly calls at .24 area Also sold $SPY 125 weekly puts at .25 area at a loss the same options that were

Posted in General Trading

buying $GOOG weekly puts at .85 area OVERSIZED GOOG

/b buying $GOOG weekly puts at .85 area OVERSIZED GOOG has hit all time highs and here on my formulas multi day negatives are clearing so am positioning bearish as a additional market hedge.

Posted in General Trading

shorting $SPY 124 weekly puts at .40-.38 trough $SPY 123 puts at .18 area Creating IORN CONDOR

/s shorting $SPY 124 weekly puts at .40-.38 trough $SPY 123 puts at .18 area Creating IORN CONDOR since we have the credit spread on the calls already. I have not yet entered the long leg but wish to do

Posted in General Trading

/s shorting $SPY 126 weekly calls at .47 trough 127 calls at .23 oversized the spread

/s shorting $SPY 126 weekly calls at .47 trough 127 calls at .23 oversized the spread

Posted in General Trading

buying $SPY 124 weekly puts at .34, .37 OVERSIZED , earlier I added a oversized 128 weekly calls position again at .30 so now have a 2x oversized

/b buying $SPY 124 weekly puts at .34, .37 OVERSIZED , earlier I added a oversized 128 weekly calls position again at .30 so now have a 2x oversized long calls stake and a 1x oversized long puts stake so

Posted in General Trading

buying $SPY 128 weekly calls at .38 area OVERSIZED This is higher risk weekly calls

/b buying $SPY 128 weekly calls at .38 area OVERSIZED This is higher risk weekly calls above levels not seen in months but doing so after a surprisingly good consumer confidence data . We have tried to break out before

Posted in General Trading

The Week in Crayons

Although the markets opened the week in an ugly fashion, they quickly reversed course and drifted higher for most of the week. Other than a few moments of weakness, there was almost no selling pressure this week as the bulls

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Stocks

Happy Hannukah from Stockguy22

  Wishing all my Jewish friends & traders a Happy Hannukah Thank you for  a wonderful year All the best to you and your families Stockguy22

Posted in General Trading

adding $TSLA stock at 26.80 OVERSIZED this brings the swing position up to a 2x oversized stake.

adding $TSLA stock at 26.80 OVERSIZED this brings the swing position up to a 2x oversized stake. Never tock the opportunity to accumulate during the fall but want to make this swing a strong one.

Posted in General Trading

adding $TSLA stock at 26.80 OVERSIZED this brings the swing position up to a 2x oversized stake

/b adding $TSLA stock at 26.80 OVERSIZED this brings the swing position up to a 2x oversized stake. Never tock the opportunity to accumulate during the fall but want to make this swing a strong one.

Posted in General Trading

buying $SPY 124 weekly calls at .58 OVERSIZED for a swing high risk

/b buying $SPY 124 weekly calls at .58 OVERSIZED for a swing high risk. these calls expire friday so premium may eat us up fast, but after a market consolidation today am using this as a buying opportunity. I still

Posted in General Trading

buying $TSLA stock at 27.01 OVERSIZED for a swing. I own a lot of TSLA long term but have not played a swing on her in probably over half a year

/b buying $TSLA stock at 27.01 OVERSIZED for a swing. I own a lot of TSLA long term but have not played a swing on her in probably over half a year. I have long positions from 16s, 20, 22

Posted in General Trading

shorting $SPY 123 weekly puts at .78-.76 same contract amount as the long on $SPY 119 weekly puts

/s shorting $SPY 123 weekly puts at .78-.76 same contract amount as the long on $SPY 119 weekly puts, this moves the position from 2x oversized bearish to 2x oversized bullish . The strength has been incredible in the markets

Posted in General Trading

adding $SPY 121 puts at .33 OVERSIZED to make the day trade position 2x oversized

/b adding $SPY 121 puts at .33 OVERSIZED to make the day trade position 2x oversized , we hit 123.60 and this should be resistance, so I still se possibility of pullback intraday, if it dose not materialize then I

Posted in General Trading

buying $SPY 121 puts at .45-.46 OVERSIZED for day trade

/b buying $SPY 121 puts at .45-.46 OVERSIZED for day trade. Here the strategy is to profit of a pullback that should come intraday after such a huge gap up and continuation. I am still long the 119 puts that

Posted in General Trading

sold TBT stock at 17.65 from18.56 and 19.15, taking a loss on that, the long on TLT calls that are now taking off are doing there job well to hedge the intraday loss

/s sold TBT stock at 17.65 from18.56 and 19.15, taking a loss on that, the long on TLT calls that are now taking off are doing there job well to hedge the intraday loss on TBT bearish bong bet that

Posted in General Trading

buying $SPY 119 weekly puts at .47-.48 oversized. initial bearish stake on S&P etf

/b buying $SPY 119 weekly puts at .47-.48 oversized. initial bearish stake on S&P etf. SPY has had so much difficulty getting above 122.75 and holding it and since here the markets are failing I see a possible fall this

Posted in General Trading

buying $TLT 124 weekly calls at .55 area oversized

/b buying $TLT 124 weekly calls at .55 area oversized. Im taking a bullish position on bonds here this help hedge my long TBT stock stake. I have a theory that now that gold losses its safe haven status perhaps

Posted in General Trading

selling $AAPL 385 dec puts at 5.25-.15 550% profit and buying $AAPL 385 dec calls at .90 OVERSIZED

/s selling $AAPL 385 dec puts at 5.25-.15 550% profit and buying $AAPL 385 dec calls at .90 OVERSIZED. Now this is still great profits on the 385 puts but even greater due to the profits we have from the

Posted in General Trading

/b buying back $SPY 121 puts at 1.04 area to renter the butterfly overnight. the bounce was not strong enough

/b buying back $SPY 121 puts at 1.04 area to renter the butterfly overnight. the bounce was not strong enough

Posted in General Trading

/b buying back $SPY 121 puts at 1.04 area to renter the butterfly overnight. the bounce was not strong enough

/b buying back $SPY 121 puts at 1.04 area to renter the butterfly overnight. the bounce was not strong enough

Posted in General Trading

protecting the 1000% PROFITS ON $AAPL 385 puts by shorting $AAPL 380 weekly puts at 3.25 twice the contract amount trough $AAPL 375 puts at 1.50-.60 same contract amount this creates a butterfly with twice the contact amount on the 380 short as we have on the 385 and 375 longs

/s protecting the 1000% PROFITS ON $AAPL 385 puts by shorting $AAPL 380 weekly puts at 3.25 twice the contract amount trough $AAPL 375 puts at 1.50-.60 same contract amount this creates a butterfly with twice the contact amount on

Posted in General Trading

selling $SPY 121 Dec puts at 1.02 over 100% profit on a 2x oversized stake, also shorting again $SPY 120 weekly puts at .66 area same contract amount as our long $SPY 119 puts to make a credit spread.

/s selling $SPY 121 Dec puts at 1.02 over 100% profit on a 2x oversized stake, also shorting again $SPY 120 weekly puts at .66 area same contract amount as our long $SPY 119 puts to make a credit spread.

Posted in General Trading

covering the short on $SPY 123 Dec puts at 1.10 area then bought $SPY 121 Dec puts at .45-.50 same contract amount

/b covering the short on $SPY 123 Dec puts at 1.10 area then bought $SPY 121 Dec puts at .45-.50 same contract amount. We still hold the long on 119 puts. The strategy here is not to fight the tape

Posted in General Trading

shorting $AAPL 390 Dec calls at 2.30-.20 credit spread trough $AAPL $AAPL 385 Dec calls at .80-.85 area oversized the spread

/s shorting $AAPL 390 Dec calls at 2.30-.20 credit spread trough $AAPL $AAPL 385 Dec calls at .80-.85 area oversized the spread. am using this market pull back after the fall in Euro as a shorting opportunity on $AAPL puts

Posted in General Trading

shorting $GMCR 55 Dec calls at 1.37-.20 vertical trough $GMCR Dec 57.50 calls at .35 area OVERSIZED the spread, sorry for the late post but mentioned it timely in the cc

/s shorting $GMCR 55 Dec calls at 1.37-.20 vertical trough $GMCR Dec 57.50 calls at .35 area OVERSIZED the spread, sorry for the late post but mentioned it timely in the cc. GMCR can fall much more so any short

Posted in General Trading

selling selling $SPY 121 weekly puts at .84 area from .54 area 100% profit while buying 119 weekly puts at .45 area same contract amount and buying $SPY 126 weekly calls at .56. OVERSIZED

/s selling selling $SPY 121 weekly puts at .84 area from .54 area 100% profit while buying 119 weekly puts at .45 area same contract amount and buying $SPY 126 weekly calls at .56. OVERSIZED . Ok sorry for the

Posted in General Trading

buying $SPY 130 Dec calls at .30-.31 and shorting Dec $SPY 123 puts at 1.05 area trough 121 weekly puts at .53 and buying $AAPL Dec 405 calls at .96 all OVERSIZED

/b buying $SPY 130 Dec calls at .30-.31 and shorting Dec $SPY 123 puts at 1.05 area trough 121 weekly puts at .53 and buying $AAPL Dec 405 calls at .96 all OVERSIZED the longs were oversized but the short

Posted in General Trading

buying $AAPL 395 weekly calls at .45-.49 area and shorting $AAPL 395 puts at 3.65-.50 trough 390s at .50 both OVERSIZED.

/b buying $AAPL 395 weekly calls at .45-.49 area and shorting $AAPL 395 puts at 3.65-.50 trough 390s at .50 both OVERSIZED. This has been a very bad week after a very good week last week. I have a full

Posted in General Trading

/b buying $SPY 126 weekly calls at .74 also high risk tomorrow expiery oversized

/b buying $SPY 126 weekly calls at .74 also high risk tomorrow expiery oversized

Posted in General Trading

/b buying $AAPL 400 weekly calls at .65-.75 OVERSIZED tomorrow expire high risk options for a day trade most likely

/b buying $AAPL 400 weekly calls at .65-.75 OVERSIZED tomorrow expire high risk options for a day trade most likely

Posted in General Trading

covering $SPY 126 weekly calls at 1.79 area and covering short on $AAPL 390 weekly calls at 3.00 area also sold $TLT 118 weekly calls at .69 area

/b covering $SPY 126 weekly calls at 1.79 area and covering short on $AAPL 390 weekly calls at 3.00 area  also sold $TLT 118 weekly calls at .69 area. Ok market did give us direction and it did so bullishly

Posted in General Trading

buying $TLT 118 weekly calls at .72-.78 OVERSIZED, this position is meant to be a hedge on the long TBT stock position and also the rest of the bullish market positions

/b buying $TLT 118 weekly calls at .72-.78 OVERSIZED, this position is meant to be a hedge on the long TBT stock position and also the rest of the bullish market positions. bonds are showing a lot of strength while

Posted in General Trading

shorting $AAPL 390 weekly calls at 2.40 area and shorting $SPY 126 weekly calls at 1.40-.35.

/s shorting $AAPL 390 weekly calls at 2.40 area and shorting $SPY 126 weekly calls at 1.40-.35. on SPY same contract amount as the long on $SPY 127 and 128 SPY calls that we are at a strong loss on.

Posted in General Trading

adding $AAPL 410 weekly calls at .38-.40 OVERSIZED and shorted AAPL 390 weekly puts at 2.90-2.75 area OVERSIZED

/b adding $AAPL 410 weekly calls at .38-.40 OVERSIZED and shorted AAPL 390 weekly puts at 2.90-2.75 area OVERSIZED sorry for the late post but mentioned it timely in the cc. The thinking was to accumulate to our bullish AAPL

Posted in General Trading

The Week in Crayons

After taking last week off, the bulls came back ready to work this week lifting us well off our recent lows in all of the broad market indices. Once again as has become par for the course, price action changed

Posted in Charting & Analysis, Charts, Commentary, Futures, General Trading, Stocks