71 replies to this topic

[12SPX]

and there we go just like that out for a profit it $1.35 and selling the daily 6940 calls for $3.10

[12SPX]

always funny how fast options will lose value the second the move stops and then turns.  6940's already down to $1.55

[12SPX]

How about that, taking profits on my sold daily 6940 calls for $3 profit and $2 on the sold 6750 puts.  Lets see if we get any type of rally in the final 2 hours here otherwise finishing the day with a total of $7.70 per contract...

[redfoliage2]

The market has stabilized at the bottom of the month-long trading range ...............................

From its daily chart I see ES likely to move toward the top of the range in the next few days .................................

Edited by redfoliage2, 18 February 2026 - 04:07 PM.

[12SPX]

Well that was easy, sold the daily 6950 calls as I was hitting the pillow for $3.20 and this morning after data out I sold the daily 6790 puts for $4.25 as the market continues its volatile way, an option sellers dream!!  Wouldn't be surprised to see anther turn around as we are moving into the Feb 3rd Friday expiration tomorrow. 

[dTraderB]

going flat, then short above ES 6910

[12SPX]

Ya big problem going into expiration is calls are priced to the moon as people have lost so much money in them this cycle!! 

[dTraderB]

impatient, will start small short near 6890 and add above 6910 ...

going flat, then short above ES 6910

[12SPX]

taking profits on my sold 6790 puts for $4.05!! 

[12SPX]

Rinse and repeat in this do nothing flat volatile market.  Sold the daily 6950 calls for $4.20 overnight once again and after the key economic data coming out with inflation a little hotter and gdp a bit lower I just sold the 6750 puts for $3.50.  This is like ground hog day with profits lol!!