Member
Posted 27 May 2022 - 02:27 PM
DONE.
Great, glad I did this
Will update sometime when in non-holiday mood.
One aspect in common with most of my CALLs & UVXY PUTS PROFITS and HEDGE SHORT LOSSES are: THEY ARE HUGE!
However, the total CALLS & PUTS PROFITS are much larger!Have to resume trading to LIQUIDATE MORE LONGS, almost all, and all HEDGE SHORTS except 1 each.
This spike up has fattened by net account profit by an additional 1.7 % and I prefer to bank this!Thanks to the bulls!
Member
Posted 27 May 2022 - 02:32 PM
Going into the weekend with an average short of 4115 as were a little overdone here.....
Member
Posted 27 May 2022 - 02:35 PM
SPX 4150 target met ............................
Edited by redfoliage2, 27 May 2022 - 02:44 PM.
Member
Posted 30 May 2022 - 08:14 AM
No holiday up here but will get to relax today as futures close early. Stayed up late and couldn't resist adding to my short at the 4200 level bringing my average short to the 4140 level now. I see the market pulling back a bit this morning so we'll see if rationality comes back. Also added to my 4200 call sell averaging $68 now. Wouldn't be surprised to see the market test the outbreak level some time this week as I've said its all about grind grind grind up and down this year.
Member
Posted 30 May 2022 - 10:10 AM
Edited by redfoliage2, 30 May 2022 - 10:17 AM.
Member
Posted 01 June 2022 - 07:51 AM
The market is in nowhere land right now after its big thrust up and doesn't know which way to go at the moment and I think alot of that is just the period were in and that sentiment is becoming more and more negative all the time with everything going on. Perfect time to be selling options in a boring market lol!! Nonetheless with my short from 4160 yesterday I was able to trade it down and buy it back a couple times but failed to get filled again so I'm still in cash. First time in quite awhile that has happened and not sure if its because I'm tired of trading or just because of the state of everyone out there lol!! Wait to see the direction of the market at the open to see if it becomes worth it to short or oversold enough to buy it. As I said since the start of the year, grind grind grind!!
Edited by 12SPX, 01 June 2022 - 07:52 AM.
