AMZN down initially

Looks pretty good for neutral plays as it should come back by morning or midday.
CMG also looks good for neutral plays.


Squeeze setting up
wave below zero
price at 19811
Stop at 19830

RL adding

Sold $RL Apr 21 70 puts @ 1.80.
I put on Jul 60 puts this morning so I know have a small ladder in this name.

Fuzzzy .. ES



you could have had another 8 points on the 10-11am slide from the 2278-2270 lines..same setup as the others..
wave @ zero
trend bars go red
exit at the bounce
wave momentum changes

CMG earnings

Sold CMG FEB 3 2017 400.0/450.0 Strangle @ 4.40

AMZN earnings

#Earnings – Sold 810/840/840/870 iron fly @ 26.25

Risk 3.75 to make 26.25. Sold 30 wide on a 35.75 expected move.

CVS puts–#FallingKnife

Sold $CVS Jul 21 65 puts @ 1.44

Fuzzy – Chart Explanation


Fuzzy, the chart explains what I see when I trade and what I look for…
60 point move…


@fibwizard Watching your Futures activity…


Watching your Futures activity and the member commentary, really seems like a very positive method. Following the commentary by its nature comes in choppy statements. Are you aware of a source to study the overall method. For example, did John Carter’s book “Mastering the Trade” go into detail of this approach

RL puts

Sold $RL Jul 21 60 puts @ 1.30.

ES Trade


Same as earlier..
1. Price squeezes
2. Wave bars move positive
3. power bar moves above 10
4. Trend bars change to blue
5. ride the trade from 2272, and exit at 2278 for a 6 point gain, as the Wave moves below zero..and the trend bars change to red.

gain of 6 points
250 per point



This was sold originally to help finance the long call of the #LongCallDiagonals . With the adjustment yesterday I don’t really need it anymore so booking a little winner.

Bought to Close SVXY JAN 18 2019 50.0/30.0 Bull put spreads @ 5.80 (sold for 6.80)


SOLD UVXY 17 FEB 17 48 CALL @.18




What happened to E-Trade? Not seeing any news but took a big dump at the open.


#ShortStrangles – Bought to Close REGN FEB 3 2017 325.0/400.0 Strangle @ .25 (sold for 4.85)

Completely out of this in regular account for the first time in a long time. Waiting now to sell a fairly aggressive earnings strangle.


Sold Feb 24th 95 Put @ 1.25.

Took off FB earnings trade

Bought to close $FB Feb 17 125/140 strangles for .65. Sold yesterday for 2.50.

Question on early exercise of AAPL Earnings 118/121/124/121 IB

As part of $AAPL 118/121/124/121 IB for earnings I was sold short the 121 shares early. Normally trade closes on expire and the long and short are exercised netting out. Should I sell the 124 call or have broker exercise the 124 call.

NUGT calls

Sold $NUGT Apr 21 20 calls @ .76. Highest strike in April.

#TechnicalAnalysis Is this an Island…

#TechnicalAnalysis spx-island-reversal
Is this an Island Reversal?

GM all

GM all