Jump to content



Photo

NOT NORMAL - throw out TA, FA, SPX 3550 or 3000


  • Please log in to reply
99 replies to this topic

#31 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,583 posts

Posted 25 August 2020 - 07:31 AM

I'm kinda liking this hold and watch cause you know its going to end bad, this move is way overdone.  I've tracked expiration cycles since 1983 and we've never seeing what were seeing today and that's never good.  Nonetheless the overnight pop now as me at a 3426 average short! 



#32 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,583 posts

Posted 25 August 2020 - 07:52 AM

Btw added to my September 3500 calls giving them an average sell of $21 and the 3600 level at $4.50!  These are longer holds and I'm not quite ready to start selling the downside just yet, we'll see how this week turns out! 



#33 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,455 posts

Posted 25 August 2020 - 08:34 AM

Lightened up a bit, taking profits on these.
Closed 5 apple puts opened yesterday
Still holding 13

#34 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,455 posts

Posted 25 August 2020 - 08:34 AM

Good trade.

#35 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,583 posts

Posted 25 August 2020 - 09:17 AM

Okay out for a 1 point profit, starting to sell again right above, the first little fall is usually bought, short build starting at 3430! 



#36 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,583 posts

Posted 25 August 2020 - 09:31 AM

Keeping my profit stop high now, would like to see more of a pullback 3429!  



#37 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,455 posts

Posted 25 August 2020 - 09:33 AM

Fills hard to come by in APPLE pUTS but finally closed the 6 opened yesterday and another 5 opened last week. 

 

Not a massive profit but happy to get out of as many as possible in the Green. And, creating the opportunity to reopen post-split rally.



#38 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,583 posts

Posted 25 August 2020 - 09:45 AM

Hmmm, I'm changing  my mind, I'm going to pull my profit stop, if we go higher I'll just add again, think we could see more of a pullback here to relieve this overbought condition!  



#39 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,455 posts

Posted 25 August 2020 - 10:24 AM

Closed second hedge held over weekend + 82 points

Still holding one 1NQ long hedge opened today

11560
11592

2 nq long hedge

Whar a market! Busu



#40 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,455 posts

Posted 25 August 2020 - 01:12 PM

closed 3 APPLE PUTS with a small loss.on 2 and a larger loss on 1

Want to reduce this position to 5 PUTS