128 replies to this topic

[12SPX]

Putting my mouth where my belief is as I really feel we are going to see volatility kick up here!  For a trade I am selling the Jan. 3800 calls for $35.00 and will add to it if need be as we go along but for now its a hold.  I have profits on my current sold Dec. 3800 and 3900 calls but am waiting to see where we end up by this Friday to see if I need to cover them for expiration week or not! 

[12SPX]

Profit stop 3693, will sell right above if hit!! 

[redfoliage2]

ST toppy but bulls refuse to leave   ....................

Edited by redfoliage2, 07 December 2020 - 12:08 PM.

[12SPX]

And just like that out for a 1 point profit and back in for a sell at 3695!  Just gonna hold this and make it a build if need be.  They'll be taken out just give it some time....

[12SPX]

Profit stop 3694 but again sell right above, I'm only going to lower it if we see a bit of selling here! 

[12SPX]

Changed my mind, might as well profit stop at 3690 and already have sell in for right above if hit!! 

[redfoliage2]

Let's see if the ST support at 3660 will hold ......................................

[12SPX]

And there you go another 5 point profit, selling above, I'll let you know how it turns out! 

[12SPX]

Whew thought I was gonna miss it, starting a short build at 3692!! 

[12SPX]

And there we go down.... not going to put a profit stop on until the night session starts I don't think!  Btw those January 3800 calls are already showing a $5 profit!!