102 replies to this topic

[12SPX]

Glad I delayed placing my profit stop but taking it off for a 5 point profit at 4365, see what the open brings and start building a short again.  Yes I agree but I've been looking for a -5% overnight fall for awhile, glad I like volatility as I'm still holding my profit run.  Getting tempted to start rolling in and out of built shorts though keeping a set position because I don't want to miss out on a big sell off.  Gonna be an interesting expiration for sure, my heaviest short there is the July 4400 calls, 4 days to go! 

[dTraderB]

Tough busy Monday but ended with a small profit mainly because of NQ DAYTRADEs; Hedge LONG ES & NQ also profitable.

Losses in PUTS

 

Added OCT SPY PUTS and QQQ PUTS

Closed 1 ES hedge long  + 22.75, 1 NQ hedge LONG, will reopen later +109.5

 

2 ES HEDGE LONG 

2 NQ HEDGE LONG

 

Will close 1 NQ HEDGE LONG this morning and reopen later

ditto for ES HEDGE LONG

 

49 SPY PUTS

45 QQQ PUTS

 

Flat VXX (still above recent lows), CRUDE, and 

[12SPX]

Starting my short build at 4375, yay bring it on!! 

[12SPX]

Adding a bit more average short now 4378!!  Sit on this for awhile....unless of course we go higher for more sells...

[dTraderB]

In LT PORTFOLIO, we will be building huge VXX CALL position. A forward-hedging strategy.
In RISK PORT, will add more to existing SPY & QQQ PUTS positions.

[dTraderB]

MARKET LOOKS QUITE VULNERABLE

 

my plan: SELL ALL RALLIES unless new ATHs traded

[12SPX]

Hmmmmm profit stop just set at 4365 was hit for a 13 point profit will sell higher again.....

[12SPX]

Building my short again this morning, average short 4373....  Market remains heavy and options premiums remain rich.  Starting to sell the August 4400 calls for $50 and the 4500 calls for $13!!  Will add after I get my numbers after Friday's expiration.  Gonna be an exciting one it looks like!! 

[dTraderB]

Great Tuesday. 

Will close 2nd ES & NQ hedge longs at about current levels ES 4378/80

and reopen later, 

 

wash, rinse, repeat, keep one ES & NQ hedge long during most of cash session. 

[12SPX]

And just like that average short 4377!!