raylong Today there was news at 1 AM PST about peace talks and a possible real ceasefire. The deltas were over 2.5 Billion. I sold 2 Put Credit Spreads at 7280/7275 for $0.55. Looking to close these at $0.10. Set a stop loss at VWAP which 7300. It is 8:30 AM PST and premium is … Read more
Today I sat out. There wasn’t any good trade setups.
Probably not one of my best trades. I sold 2 Call Credit Spreads at 7260/7265 at the open for $0.55. Price went and touched the upper VWAP and got rejected by news from a Missile attack. I honestly got lucky with the news otherwise I think I’d be in the negative right now since premiums … Read more
Should have sold puts immediately at the go. However I got on a bit late and wasn’t able to see the data until 3 minutes into the market. There was a 9 billion delta at 7200 which would have been very good support to sell at the 7200. However I was able to sell one … Read more
I sold 2 credit call spreads at the open when price kept dropping. I choose the 7205/7210 strikes and sold them for $0.55. Looking to close these at $0.05, but if price goes above Premarket High, I’ll probably reposition or add higher maybe. Price reversed and went up past premarket high. I closed everything for … Read more
Today I broke a lot of my rules and basically started with $-120 from a trade, As of now I put in 2 contracts at 7170/7175 call credit spreads at $0.60 so they are basically breakeven if they close worthless, However I also got into another trade at 7170/7185 Call Credit Spread For $1.00. If … Read more
So After the first fail at the attempt of going past SD 1, I sold 2 call credit spreads at 7190/7195 for $0.60. My cut loss is a close above the upper SD1(7166.5)(Orange dotted line). So I added another contract at $0.60 so I had 3 contracts at the same strikes. I closed one … Read more
I sold 2 call credit spreads at 7165/7170 for $0.50 and $0.70. I sold first when price tapped the premarket low of 5:30 AM PST – 6:30 AM PST and pushed up a little and got premium for $0.70 and then sold a $0.50 when went past again. So average premium is $0.60. Looking to … Read more
So Based on our rules, We are aiming for price to stay above VWAP for majority of the day. Price broke Premarket High right around 6:40 AM PST. I got in one trade for a put credit spread at 7080/7085 for $0.50 and when it came down to 7120 I sold another for $0.75. My … Read more
So price broke my premarket low and I sold Call credit spreads 20 points above the Premarket High. I sold 3 call credit spreads at 7160/7165 for $0.55. I probably should have waited and only gone in with one contract however price went down so fast. My cutloss is the premarket high. Will close one … Read more