What a day, we made 16 trades and only ONE was a put play, can't remember the last time that happened! We also did NOT double down on our two Open put plays and we're glad we didn't since they'll likely expire worthless(about a -3.00 loss)!!
We go into 2morow with ONLY those two put plays and will let them expire worthless OR, add longs on any weakness know we have those puts in case the bottom falls out??
We're gonna post a chart that shows r target 283.17 line just a few pennies overhead, although, Spy may not tag it 2morow as a retreat is likely to happen B4 we go higher?? Probably close above the R5(283.17) on Wednesday??
Good trades ALL...
1/24
279.00 putts at 1.11, Short(Double)
280.00 putts at 1.35, Short(Double)
Monday Closed Positions: 12.52 gain
_Spx Options
1/24
2850 calls at 0.75, Long(Quad), Sold at 0.85, 0.40 gain(Quad)
1/22
2820 calls at 0.75, Long(Quad), Sold at 1.35. 2.40 gain(Quad)
2825 calls at 0.40, Long(Quad x 2), Sold at 0.75, 2.80 gain(Quad x 2)
2830 calls at 0.40, Long(Quad x 2), Sold at 0.65, 2.00 gain(Quad x 2)
2830 calls at 0.43, Long(Quad x 2), Sold at 0.40, -0.24 loss(Quad x 2)
2835 calls at 0.20, Long(Quad x 2), Sold at 0.25, 0.40 gain(Quad x 2
2810 puts at 0.75, Short(Quad), Sold at 1.05, 1.20 gain(Quad)
24-Jan
279.00 calls at 1.75, Long(Double), Sold at 1.85. 0.20 gain(Double)
280.00 calls at 1.10, Long(Double), Sold at 1.20, 0.20 gain(Double)
280.00 calls at 1.55, Long(Double), Sold at 1.75. 0.40 gain(Double)
280.50 calls at 0.85, Long(Quad), Sold at 0.95, 0.40 gain(Quad)
280.50 calls at 1.08, Long(Quad), Sold at 0.12, 0.48 gain(Quad)
281.00 calls at 0.60, Long(Quad), Sold at 0.70, 0.40 gain(Quad)
281.50 calls at 0.53, Long(Quad), Sold at 0.70, 0.64 gain(Quad)
281.50 calls at 0.55, Long(Quad), Sold at 0.65, 0.40 gain(Quad)
282.50 calls at 0.30, Long(Quad), Sold at 0.40, 0.40 gain(Quad)
279.00 putts at 1.11, Short(Double)
280.00 putts at 1.35, Short(Double)
YTD Gains/-Loss, 34.00 gain
