Member
Posted 29 July 2021 - 10:23 AM
Just loaded more ES calls betting on a market-friendly Fed talks out in the afternoon ....................
Just sold the ES calls bought yesterday at lows with a nice profit. Buying dips/selling bounces is the way to go at this toppy place ....................
Edited by redfoliage2, 29 July 2021 - 10:27 AM.
Member
Posted 29 July 2021 - 11:07 AM
Yup I just keep adding for a nice round number of sold 4415.... gonna sit here for a while I think! Added to my sold 4450 calls to bring my average to a nice round $30!
Member
Posted 29 July 2021 - 11:56 AM
Yup I just keep adding for a nice round number of sold 4415.... gonna sit here for a while I think! Added to my sold 4450 calls to bring my average to a nice round $30!
Are the ES calls you sold for August 20, 2021 Expiration?
Edited by redfoliage2, 29 July 2021 - 11:56 AM.
Member
Posted 29 July 2021 - 12:18 PM
Yes they are, just waiting for a pullback to buy them back, my sold 4500's are still showing a profit even though the market is higher!
Member
Posted 29 July 2021 - 05:39 PM
I also sold some Sept 4600 ES calls at $60, expecting the delta virus cases getting worse in Aug - Sept ....................
Member
Posted 29 July 2021 - 06:22 PM
I also sold some Sept 4600 ES calls at $60, expecting the delta virus cases getting worse in Aug - Sept ....................
Typo. I meant Sept 4460 ES calls at $60, ........................
Member
Posted 29 July 2021 - 07:11 PM
Not a TOP 5 profitable week of 2021 but certainly the most enjoyable and busiest for 2021, so far. Maybe a big down tomorrow could make this final week of July an even better one. I mentioned CHINA near the start of this thread and it now appears the Chinese may be scared they started something they may be unable to control and the contagion could spread globally. We shall see.
Great daytrading market. I made profits in everything I traded BUT OF COURSE not everything I traded was profitable every day!
NAT GAS SHORTS has been good to me this week, as is NQ daytrades, QQQ PUTS & SPY PUTS, as well as ES & NQ HEDGE LONGS but I held the HEDGE LONGS since I wanted to hold the PUTS and let the market trade up & down until it established a firm ST trend.
Looks like July will end in a messy way with markets all over the place but AUGUST could be down by a few %.
2 ES HEDGE LONG
2 NQ HEDGE LONG
18 NAT GAS mini SHORTS
49 SPY PUTS
55 QQQ PUTS
Member
Posted 30 July 2021 - 06:25 AM
Let's see if Friday is still going to be a payday for bulls....................................
Edited by redfoliage2, 30 July 2021 - 06:30 AM.
Member
Posted 30 July 2021 - 07:31 AM
Not looking good for them so far, profit stop 4000 once again for the cash open, sell above. Yes selling options is the best way but I only go cycle to cycle as that is all my model covers....
Member
Posted 30 July 2021 - 08:12 AM
