Kelly 5:45 pm on Monday, October 10, 2016

$SVXY

It’s good to be back home. Spent a week in New Mexico, took in some of the balloon fiesta and visited relatives. Unfortunately, I had very little market access all week. Fortunately, there wasn’t a lot to do. Since I knew I would not get home until after the market closed today, I entered an order over the weekend to replace my covered calls that expired on friday. Got a fill today right at the open. Guess I had my limit set too low.

STO Oct 14 $75 call @ $1.95

With the move that $SVXY made today, obviously that wasn’t a great fill. But this has been a nice little trade so I’ll take it. Who knows what will happen by friday.

Jeff 12:27 pm on Monday, October 10, 2016

Boring day…

…but interesting that VIX has been flat all day despite the indices all up significantly. I still don’t feel that new highs are in the cards without first having a deeper dip than we got in September.

fuzzballl 11:19 am on Monday, October 10, 2016

IBB strangle

Adding a new one to my stable of strangles…

Sold IBB NOV 18 2016 265.0/310.0 Strangle @ 5.15

1strangealien 10:23 am on Monday, October 10, 2016

TWLO PMCC

I closed my $TWLO poor man’s covered call. I had bought a TWLO 20jan17 55 call and was selling weekly calls against it. The party ended with the company announcing it was doing a secondary offering of the stock and the shares tanked after hours on Friday and continued to spiral down today. I lost 3.98 on the trade, but since I was experimenting with it I only had one contract so not a devastating loss. Good experience and I may try some of these again when the market is in a healthier place.

jsd501 9:33 am on Monday, October 10, 2016

BMY

STO January 45 puts @1.14

tabortrader 9:10 am on Monday, October 10, 2016

Simpler Trading founder John Carter…

Simpler Trading founder John Carter provides an historically informative and operationally instructive free seminar in the link below “Trade the Election 2016” it’s apolitical and a welcome relief from current events…whew!
http://tinyurl.com/jhqtty2

prvtrader 9:06 am on Monday, October 10, 2016

This Chart shows which is…

This Chart shows which is the best strategy when the IV is rising, steady or dropping.

thomberg1201 8:36 am on Monday, October 10, 2016

AMZN

On Sept 22 I sold an 850/860 October 21 call spread for about 1.00 AMZN was at 794, top of the BBs, should be OK. Today it is at 843, within the BBs, a PE of 209! I closed it, losing $260, not going to watch it go up every other day, thinking it won’t go to 850 in the next 2 weeks and lose $1,000.