CLOSED ALL vxx calls
FF 2022: SPX up 10% - down, up, down big, year-end rally
Started by
dTraderB
, Jan 02 2022 09:15 AM
93 replies to this topic
#82
12SPX
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Posted 07 January 2022 - 09:40 AM
Darn, out for a 2 point profit, starting my long build at 4680 once again...It's nice to see option premiums coming back to neutral once again, puts could be a little more bearish but this is still just an initial decline so we have to get the rebound first and then we'll see!!
#83
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Posted 07 January 2022 - 09:49 AM
Btw, now taking profits on my sold January 4850 calls for $2 for a profit of $24 and Wednesday sold the January 4400 puts for $11. those along with the 4000 puts, 4900 calls will likely be held until the last week of expiration, after today, 10-days to go!!!
Meanwhile profit stop 4685....
#84
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Posted 07 January 2022 - 10:11 AM
Darn out for a 5 point profit.....hmmmmm
#85
dTraderB
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Posted 07 January 2022 - 10:27 AM
I am convinced I should get into those type of OPTION trades that are quite profitable but I need to work on it.
Btw, now taking profits on my sold January 4850 calls for $2 for a profit of $24 and Wednesday sold the January 4400 puts for $11. those along with the 4000 puts, 4900 calls will likely be held until the last week of expiration, after today, 10-days to go!!!
Meanwhile profit stop 4685....
#86
dTraderB
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Posted 07 January 2022 - 10:30 AM
Closed a few more SPY PUTS
Will still hold 2 ES LONGS until later or carry into next week
Will close a few QQQ PUTS & add an extra lot to NQ SHORT daytrades while holding 2 NQ hedge long; will close one NQ HEDGE long sometime today
Unwinding and banking profits in these early days of 2022
#87
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Posted 07 January 2022 - 10:31 AM
Ok trying a long build at 4678 see if it needs to be added to.....
#88
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Posted 07 January 2022 - 10:34 AM
I am convinced I should get into those type of OPTION trades that are quite profitable but I need to work on it.
Btw, now taking profits on my sold January 4850 calls for $2 for a profit of $24 and Wednesday sold the January 4400 puts for $11. those along with the 4000 puts, 4900 calls will likely be held until the last week of expiration, after today, 10-days to go!!!
Meanwhile profit stop 4685....
Nice thing about selling option premium is you pick how much risk you want to take and make a steady monthly income off of it. Think the option market is now in the trillions and about 88% of those expire every month!!
#89
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Posted 07 January 2022 - 10:58 AM
Well that was easy, average long now 4670...
#90
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Posted 07 January 2022 - 11:50 AM
Ok lets see if this holds, profit stop 4675....
