ncroadrunr 12:51 pm on Wednesday, January 2, 2019
Tags: LongPuts ( 144 )

#longputs Buy another Jan 02…

#longputs
Buy another Jan 02 2510/2500 BePS for $7.50 while SPX below 2500, 15 minutes to go and looks promising.

Jeff 12:55 pm on Wednesday, January 2, 2019

Are you using particular signals, or just going with what appears to be the direction when you place the trade?
- ncroadrunr 1:01 pm on Wednesday, January 2, 2019
  
  I watch RSI 14 vs Avg 5 to recognize directional turns, along with pivots for target. Then I check the VWAP with additional 1,2,3 std dev above and below for bounce points.
  
  Apparently I forgot to look at RSI because I entered after it broke to 5 avg on 5 min chart. That turned up at 3:32. Damn! Looking at profit on “sure thing” paying 7.50 for 10.00 likely finish.
  
  This turned my very profitable day into a slight loss.

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