In a delta neutral again - so far aside from one game my broker played I have been batting 1000 playing these SHORT ICs. so why not continue? Current Trade: Buy 2880 P Sell 2885 P Sell 2980 C Buy 2985 C Theta is going to be picking up big time in this trade as we are 3 days from expiration - this will be on Aug 12th. Most likely will not hold till then....
Same deal, short IC going on Nasdaq to collect premium. this is a little more complicated as it is a short IC within a short IC and it is collecting massive premium. Within hours of putting it on it put out a great deal of coin, already tempted to take profits and roll up the top of the trade. 2 day exp on the options. And once again we are making the money...
Delta neutral trade on SPX futures right now. Volatility is high enough that it yields enough money putting short Iron condors on the SPX. I am using futures for this trade. The crazy part about this trade is I have great probability of profit of 77%!!! and I only have to be correct for two days with this trade. Currently it is already green. I love these...
Still long since $10,200. If it falls below $10,800 I will close the position.
USD continues to rise, however the Yen is rising against it - typically indicating a drop is coming. Japanese Yen is typically a safe haven.
Have been long BTC since $10,200, and added at $10,800. Let's aim higher folks.
With the sell off, gold should be a good buy. The current concern I have is that the dollar continues higher.
Hey guys, I have a fun trade going with super low risk, and I am using it to display a strategy I have historically used with great success. It may feel boring, but for those with good risk mgmt this is great to put on. ‘Put’ on :P We are using puts in this trade. I will post a few pretty charts below, but the charts have nothing to do with my trade. This isn’t...
Tech typically gets hit the hard whenever these tariffs get announced. Like the extra volatility in this indices and am using it.
Weekly TA is so bearish, and we just escalated the trade war. China will most likely retaliate. Easing in Europe. Not saying we are going to crash or anything, but we should see a pretty significant pullback. It will not be a direct line down to the bottom of the megaphone wedge. And we still are in a strong bull market that has spit up this news before. Trump...