Afternoon. #spxcampaign BTC my Oct 19th 2940/2960 BeCS @ .30. Opened yesterday at 1.65. This makes the IC profitable.

#spxcampaign Bought to close my Oct 19th 2760 2740 BuPS @ 1.50. Opened at .90.

#spxcampaign Sold to open Oct 19th weekly 2760 / 2740 BuPS for .90 when SPX pulled back to 2884. I’m not so sure this was a good idea and didn’t get the order cancelled before it filled.

#spxcampaign Sold to open Oct 19th weekly 2940/2960 @ 1.65 with SPX at 2883. I’m going to allow this to work without a hard stop loss returning to Jeff’s method for another go.

#spxcampaign Stopped out of my Oct 15th 2850 / 2830 BuPS at 3.35. Tiz a spanking day.

#spxcampaign Opened Oct 17th 3000 / 3020 BeCS at .75 when SPX was at 2936.41 Stops are .20 and 1.50.

#spxcampaign Sold to open Oct 15th 2885/3005 BeCS for 0.65 when SPX was at 2926. I have a BuPS to pair waiting for a fill.

#spxcampaign Paired my Oct 08th BECS with Oct 08th 2840 / 2820 BuPS for 1.20 when SPX was at 2916.34. Profit stop is .30 with a Stop Loss of 4.60. I am still trying to find the best stop loss value on these. Sheridan teaches essentially 3X the profit target. I am considering a modification using Jeff’s method of a tag of the short call while maintaining the stop loss on the Put side. Why? The Oct 03rd and Sept 28th Call spreads were stopped out on the gap up for a loss but didn’t tag the short call. Critiques are welcomed.

#spxcampaign Morning all. Sold to open Oct 8th 2980/3000 BeCS when SPX was at 2920.87. A Dan Sheridan method. Stops .30 and 2.10. I will pair it later. It will be a light week for me. Friday my daughter is presenting her research at a department seminar so we are hopping down to Tallahassee, FSU, to give it a listen.

#spxcampaign BTC my Sept 28th 2800/2820 BuPS and Sept 28th 2790/2810 BuPS at .20. Originally sold for a 1.20 and a 1.05. Mitigates the damage from yesterday a bit. Traveling next week so I’m not putting anything on. My daughter is presenting her research as part of her degree requirements so we are off to be wowed. I had always thought she would go into business. Never tried to influence her career choice. Instead she ended up in biology like her old man. Damn, genetics is a powerful thingy. Ha!.

#spxcampaign Stopped out of my Sept 28th BeCS @ 3.15 off a GTC stop order. I adjusted the stop loss order to 3x the 70% of the credit received for the entire IC rather than based on the credit for the leg. The ones from last week would have worked if I had used a stop based on the IC rather than the individual legs. So I believe this is the better set up but the gap up this morning was a killer. I was loading in an adjustment by rolling up the short call but was stop a millisecond before I fired off the order. Still learning.

#SPXCampaign Got bacl on after a bit of a power blip. Sold Oct 03rd 2965/2985 BeCS @ 0.95 when SPX was at 2905.14.

#spxcampaign A little quick on the trigger this morning. Sold Sept 28th 2950/2970 BeCS at 0.75 when SPX was at 2894.34 Should have gone for that coffee refill first.

#spxcampaign Paired my BeCS with Sept 28th 2820/2800 BuPS @ 1.05 when SPX was at 2894.20.

#SPXcampaign Morning all from the soggy Antfarm compound. We survived. No damage to the house or barn. Lots of debris to be cleaned up. Dog is having a blast wailing all the sticks into submission.
Got a late start here but Sold NUGT Sept 21st 13.50 Calls at 0.14 when NUGT hit 12.62. Basis is being whittled away at a splinter’s pace. Now 23.53 from an assignment of 26.58 in mid May
Sold SPX Sept 28th 2950/2970 BeCS @ .90 when SPX was at 2897.78. Waiting for a fill on the put side.

#spxcampaign
Morning all. Stopped out of my 4 spread legs as designed about 10 minutes after the open.
Sept 21st 2780/2760 BuPS @ 0.30. Originally sold for 1.25 on 9/05
Sept 21st 2940/2960 BeCS @ 1.80. Originally sold for 0.80 on 9/12.
Sept 24th 2780/2760 BuPS @ 0.30. Originally sold for 1.00 on 9/11
Sept 24th 2940/2960 BeCS @ 1.75. Originally sold for 0.70 on 9/11
Overall my test of 3 IC including the Sept 14th spreads have netted 49.40 of profit using Dan Sheridan’s method with my usual 2 contracts per side. I like Sheridan’s method of setting hard stops using OCO. When I set alerts it leaves me antsy and prone to making irrational moves. I may reload these later today.
Now its time to sit back and wait for Florence. Have a great day.

#spxcampaign Stopped out of my Sept 14th 2930/2950 BeCS @ .10 (Profit target). Originally sold 9/7 for .40.

#spxcampaign Sold Sept 21st 2940/2960 @ 0.80 when SPX was at 2887.41. Profit limit @ .20 Mark and stop loss @ 1.80 Mark. This is paired with the Sept 21st BuPS

#spxcampaign BTC my Sept 14th 2800/2780 BuPS @ .20 off a GTC order. Originally entered 9/05 @ 1.05

#spxcampaign Sold Sept 14th 2930/2950 Calls for .40 to pair with my Sept 14th BuPS. Stops .10 and 1.00

#spxcampaign Sold to open Sept 21st 2760/2780 BuPS @ 1.25 when SPX was at 2874. Stops @ .30 and 2.95

#spxcampaign Sold to open Sept 14th 2800/2780 BuPS @ .70 when SPX was at 2888.

#spxcampaign Morning all Bought to close my Aug 17th 2760/2780 BuPS @ .20. A bit of a hairy ride yesterday but I didn’t panic out. Yay! I closed this out today as I’m taking some time off. My daughter flies in tonight from a science conference. She presented her research on birds as part of her grad school requirements. I’ll be back in a week or two. Need to see my brother and put up a violin display piece I made for our mothers violin. It has been a long project and challenged my craftmanship. I have a few TWTR, NUGT and MU calls that will expire tomorrow. I may roll them out to the end of Aug later today. Everything else is long term. So in my best Arnold voice: “I’ll be back.” Have a great couple of weeks. And thanks for all the teaching that goes on here. You guys are the best.

#spxcampaign Sold to open Aug 17th 2760/2780 BuPS for 1.00 when SPX was at 2839.99. Im doing a 1 week trade as I will be taking a week off after the 17th.