Had put in a short call vertical credit spread in SPX futures last night, and was able to unload it today automatically when SPX was at 2808. Great gains - this was helpful as this trade along with the other have a small but positive delta which favors the long side. Another trade here where the goal was to increase the daily theta I was receiving in. Pretty...
Finally in a delta neutral trade (slight bias), or least close to one since early January. This is an interesting strategy because it really is maintenance free - and essentially all that needs to happen is for the market to do it's thing and not have any outlier activity in this time frame. Keeping position sizes modes consistently should yield a consistent...
Still bearish on gold guys - my indicators are telling me to keep waiting. Not confident enough to short it, but don't think it is time to purchase it yet.
Entry is starting to form for this trade. Keep an eye out. When the RSI & STOCH move our way - we long. GOLONGKINGKONG Sideways then long.
Has to get through resistance for me to open the trade. If it does I will long.
good idea to trade perhaps later this week Few days and we will have an entry setup.
I do see a bullish case in the daily TA, and could see it hitting the top of the wedge before dropping into doom valley.
Another trade slightly under 1 std dev from the mean. Collecting the theta big time on this trade.
-No time to chart it, but weekly looks HORRIBLE!!
Entered a long in Tesla strictly because TA says the selloff was too harsh. I know the macro factors look horrible for the company. This is strictly a long based off TA. Modest position, that is hedged. Entered long at $194 share price.
Currently in the following: Purchased QQQ calls - June 21st 185 strike Sold to open QQQ calls - June 21st 181 call Really trusting the TA here because the POP is off. If I am wrong however I have a confident plan on how to get out of the trade still profitably.
Still in long, sold the hedge - sitting in just the long now. Also opened up a call credit spread on GE - shorting them as well. Sheesh this is tough to be a bull seeing this inbound..
Certainly would hurt if you had a bullish bias on gold right now! Still would not long.