FYI tt joint accounts announced…

FYI tt joint accounts announced in an email today:
“Joining Finances has Never Been More Exciting…
The wait is over and you can finally do just that with a tastyworks joint brokerage account. And the good news is, it only takes a few short minutes to open an account!”

“P.S. We are now currently offering SEP IRAs in addition to, Individual Margin accounts, Traditional IRA accounts, Roth IRA accounts,Trust accounts, Corporate accounts and Joint Accounts. Custodial accounts will be added shortly.”

SPX whipsaw

#SPXcampaign I have never been so whipsawed in my trading career. I have been stopped out at extremes too many times to count. I am forced now to take a new approach:

1. Tone down the aggression.
2. Only sell at extremes. How do I define extremes? That’s not always easy, but I would say yesterday’s close and today’s close would qualify.
3. Try some cheap long spreads, purchase at extremes. The amount I’m getting eaten alive with short spreads makes me always wish I’d been long rather than short. Need to try it.

That will have to do until VIX gets back below 17.76 (at least), and not comfortable going back to aggressive strategies until it’s below 12.61.

Today:
Stopped $SPX Apr 27th 2770/2795 call spreads for 3.75. Sold yesterday for 1.60. This was well over 4.00 at the highs, which is my stop point, so at least I waited for some pullback.
#ReverseRoll – plan was to sell a condor as a roll, I was filled on put side, then never filled on call side. And then, I had to stop out. Great illustration of how difficult this strategy is in this market.
Sold Apr 4th 2560/2535 put spreads for 1.95. Stopped later for 5.35.

Stopped Apr 13th 2550/2525 put spreads for 5.95. Sold yesterday in a #CondorRoll for 6.30, when a CALL spread was stopped.

Stopped Apr 27th 2550/2525 put spreads for 2.50. Sold yesterday for 1.75. At least I got out on this one at a bounce.

TRTN

BTC Oct 19 #CoveredCalls @ 1.45 sold at 2.45 on March 16.

#earnings #shortstraddle RH At the…

#earnings #shortstraddle RH

At the bell,sold April 20, 75 straddle for 14.25

UVXY calls

#VXXGame Sold a couple against my far-OTM long hedges:
Sold $UVXY May 18th 25 call for 2.60
Sold $UVXY Jun 15th 30 call for 2.50

This product is much less crazy since they reduced the leverage.

TQQQ

STO January 2019, 60 puts @4.50 with stock trading at 140.

Lowest TICK readings since Feb 8th.

This is most whipsawing I can remember seeing in years.

#fallingknife, #volatility