I sold puts based on delta. However if my lines get crossed I will cut them as delta’s are not over 2.5 billion yet and we seem to be stalling the push up. Will reposition if trade goes against me. I was able to close everything for $0.05. Easy win today ^.^
Today I sold a vwap direction however, it went against me and hit vwap again. I closed the side for a small $30 loss and added more on the put side once we hit vwap. This will be my last trade. My second trade I sold 7365/7360 put credit spread for $0.45. I’m looking to … Read more
Today Deltas were a mess, So I decided to follow a small starter position based on where VWAP was and sold 3 call credit spreads at 7425/7430 for $0.50. Looking to close these at $0.05 unless price goes above vwap again. I was able to close these for $0.05
With such a push at the open I decided to sell puts as there was a delta with over 2 billion. However, I didn’t go in heavy. I sold light. 2 Put credit spreads at 7365/7360 for $0.50. Looking to close these at $0.10 or $0.05 depending on where price is at 9 AM PST. … Read more
Since there was a big fat Delta Candle over 4.5 Billion at the open after the first five minutes at 7350. I sold put credit spreads at 7330/7325 for $0.50. Looking to close these at $0.05 or $0.10 Was able to close these for $0.10 at 9:30 AM PST.
So since we opened in the range of SD1. I sold call credit spreads but later closed them for a $10 profit when price broke past SD1 Upper. I also sold puts when price reversed after tapping the lower SD1 and reach vwap again. Sold 2 put credit spreads at 7340/7335 for $0.55. Looking to … Read more
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