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Decentralized PONZI: in the Danger Zone


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#41 dTraderB

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Posted 02 February 2021 - 06:39 AM

NQ hedge long @ 13240  

 

25 QQQ PUTS



#42 dTraderB

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Posted 02 February 2021 - 06:40 AM

TESLA getting near to shorting levels again



#43 12SPX

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Posted 02 February 2021 - 08:53 AM

Nice trades and interesting with Tesla, I thought you had already had a short on it was looking great yesterday?  Anyhow added to my short average now 3776.  See how the day goes here! 



#44 12SPX

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Posted 02 February 2021 - 09:36 AM

Average short now 3782....



#45 12SPX

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Posted 02 February 2021 - 10:19 AM

Boy this is starting to be a longer short build then I figured, 3788...



#46 12SPX

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Posted 02 February 2021 - 10:26 AM

The good news is that my hedge on the Feb 3200 puts I just placed last Wednesday are already showing a $12 profit so I'm going to pull them off as we have now snapped back to an extreme bullishness reading in options in less then 48 hours lol!  Not going to resell the 4000 calls as they haven't gone up enough for me just yet! 



#47 dTraderB

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Posted 02 February 2021 - 10:48 AM

Hedges are good! Reduces profits but also reduces risk and big drawdowns. I prefer 20 to 30 % reduction in profits with less risk, shallow drawdowns, and more sleep!

The good news is that my hedge on the Feb 3200 puts I just placed last Wednesday are already showing a $12 profit so I'm going to pull them off as we have now snapped back to an extreme bullishness reading in options in less then 48 hours lol!  Not going to resell the 4000 calls as they haven't gone up enough for me just yet! 



#48 dTraderB

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Posted 02 February 2021 - 10:52 AM

Got skittish and closed out with small profit. Impossible to daytrade, trade Options in QQQ, hedge, and then try to trade other instruments.
Ditto for GAMESTOP- tried to get spread orders filled but required too much time in front of option screen for such a volatile stock. Gave up....

Nice trades and interesting with Tesla, I thought you had already had a short on it was looking great yesterday?  Anyhow added to my short average now 3776.  See how the day goes here! 



#49 dTraderB

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Posted 02 February 2021 - 10:55 AM

31 QQQ PUTS
NQ hedge long 13240
Will close hedge soon 160 to 175 points, or more if this current move up above 13400 fails


NQ hedge long @ 13240  

 

25 QQQ PUTS



#50 dTraderB

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Posted 02 February 2021 - 10:57 AM

Closed +180.5 points

Will reopen later

31 QQQ PUTS
NQ hedge long 13240
Will close hedge soon 160 to 175 points, or more if this current move up above 13400 fails


NQ hedge long @ 13240  

 

25 QQQ PUTS