Thanks to the bulls I am closing my hedge here at SPX 1517, which has fully paid for my IT bearish position. Now I have a sizable bearish options strategy equally divided between SPX, RUT and NDX. RUT and SPX part is making a little bit, while NDX is losing a little bit. The worst case scenario is break even and the best case scenario is unlimited gain. I knew bulls would not dissapoint. Most strategies involve December options.
I am done trading until December expiration or when I decide to take profit.
Denleo
Thanks to the bulls
Started by
denleo
, Nov 06 2007 03:49 PM
4 replies to this topic
#1
Posted 06 November 2007 - 03:49 PM
#2
Posted 06 November 2007 - 04:00 PM
You're welcome.... 2892 by end of week.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Posted 06 November 2007 - 04:05 PM
I don't care. I am done thinking and analyzing. It causes misunderstanding.
I will see you everybody in January.
Denleo
#4
Posted 06 November 2007 - 05:15 PM
I don't care. I am done thinking and analyzing. It causes misunderstanding.
I will see you everybody in January.
Denleo
Out of curiosity what stike options do you have on SPX?
Thanks!
Edited by nicolasillo, 06 November 2007 - 05:15 PM.
#5
Posted 06 November 2007 - 06:39 PM
hi Dennis,
simply to mark today's close in the overall perspective for reference at a later date.
you are a smart trader and everyone should know that by now. best to you.
SPX monthly
simply to mark today's close in the overall perspective for reference at a later date.
you are a smart trader and everyone should know that by now. best to you.
SPX monthly