raylong

I sold an iron condor a few moments into the open for $0.50. Plan to close these at $0.10

So based on the data, it seemed more likely to have further downside. Waiting for it to push towards the 9ema before seeing how price moved was a smart idea. I got to sell a call credit spread after avoiding the volatility. I sold 2 Call Credit Spreads at 7525/7535 for $0.70. Looking to close … Read more

Opened at Call Credit Spread at 6:50 AM PST at 7565/7575 for $0.70. Was able to close all of them at 7:30 AM PST for $0.05. Done for the day ^.^

I missed selling puts at the open cause I woke up late so I ended up waiting for the push to slow down before selling calls at the top. Sold 5 Call Credit Spreads for $0.45 and closed them all for $0.05 at 10:30 AM PST.

I was originally in a Iron Condor but it started going down so I ended up closing it for a $50 loss. Then I waited for it to hit a bottom and sold Put Credit Spreads at 7310/7305 for $0.70. These are now worth $0.15. Ended up closing these at $0.10 at 8:28 AM PST. … Read more

There was such a strong push down that i didn’t bother selling iron condor. I sold calls spreads 7 minutes into the market. The strikes I chose were 7465/7475 for $0.50. Was able to close all of them for $0.05

Will be taking a break from trading for the next few days. Will probably try trading once things settle down in my personal life.

Today is FOMC Meeting. I honestly should have just sat this one out. But your boy is a degenerate lol. I sold an Iron Condor at 7635/7645 and 7410/7400 for $0.55. The way I chose these strikes today is basically using the expected move range at 6:31 AM PST which was 45.6. I took this … Read more

So spent the weekend doing backtests with Iron Condors using double Expected Moves. Apparently I’d have more wins as long as price doesnt drop down like a rock. The percentage of wins based on EM X 2 is around 85% from the span of 2 years. However, I don’t know how much premium I would … Read more

So I kinda fucked up on this one because i was afraid of missing the move. I originally got in at 7380/7390 for $0.90 and then got out at $1.40 to reposition my call credit spread to 7400/7405 at the top. Sold two of them at $0.55. Should have been a bit more patient and … Read more