SPX
Due to the FED Speak, bought an outlier bull call spread 5220/5230 for May 8 for .35 testing my luck.

SPX

Haven’t seen this high expected move in a long time. Remain on the sideline. maybe later.

OT
I am using FireFox browser and I am getting a message that connection is lost several times a day, I also see that it doesn’t refresh sometimes even after I had re-connected. I cleared the history, switched of the enhanced tracking but the issues remain. Anyone has similar issues and knows the solution?

Thanks

SPX

bought a lottery ticket: Bull Call Spread 5310/5320 for March 25 for .40.

VXX
More of a question to understand what I actually have: in Nov ’21 I bought two long puts contracts in VIX with a 5$ Strike, expiration Jan19′ 24. And then came the reverse split and I don’t know anymore if I have a good or bad trade. Reverse was 1 for 4, now I can’t work out where my BEP would be on this? what would happen if I tried to execute the option? They are noted now as 25/100 option, that must be because of the reverse split, but still at the 5$ strike. Expiration is coming relatively soon, so I must make up my mind.

SPX Risk Reversal
I tried one of Jeff’s trade looking for some move up before the FED release and possibly even beyond:

Sold Sep 28 P 4180/4200; bough call 4585/4605 for a .35 debit

TOS to Schwab: has anybody had the accounts already transferred to Schwab? I was wondering if the TOS platform will go away and I may have to learn yet another new platform.

VXX I have missed the announcement for the reverse split while holding several long puts with further out expiration dates. They lost a lot of money as of course the strike is now much further out of the money. Shouldn’t the strike price have been adjusted according to the split ratio?

UVXY thinking about a leap Bear Put Spread Feb’23 6/8, nice R/Rwrd

$QS, STO Feb15 put 45 strike at 10.70, higher now. naturally a speculative trade but wouldn’t mind to own at that BEP

Preparations for the Elections

more of a general question but how are you preparing for the jump of volatility that inevitably will happen during the first week(s) of November.

• Do you retreat to all cash in your trading accounts?
• if not, do you hedge it and how?

I have started to get some long calls on VXX, far OTM with expiration in November and/or December, added a Call calendar in VXX with October / November expiration. Just not sure what else could be done

VXX
I would have expected more of a move here, could that indicate the 500 drop in /NQ isn’t that relevant? It is to me though.

NFLX

Jeff can you please post the earnings evaluation? Thanks

TQQQ
i had an order in for 2$ on a Bull Call Spread 40/45 expiration Jan15’21, never thought it would be filled but has in the panic sell of at the end of day. The Risk Reward ratio was too tempting

if this isn’t an appropriate background, i will never know …

Futures
Looks that the difference between futures and DOW is quite pronounced, futures are down less then the Dow. Is that an indication for anything?

$FDX had tried as an earningstrade a strangle 150/190 exp Oct18. Didn’t give me the success I wanted, i rolled the call down to 165 collected extra premium and will wait a little. My BEP is 146.85 on the put side. This will be my last time trading FDX once this is resolved.

WYNN
took advantage of the drop and STO Jun21’19 80 put for .93

PYPL
closed long strangle Aug 3 87.5/93, bought for 1.77 y’day and STC for 2.66.
thanks MamCash!

AMZN
gives this opportunity: STO IC 1710/1730/1850/1852.5 with a premium of 4.16 and expiration Jul27. Besides of the issue of Earnings before expiration, anything wrong with this?

WYNN re-entered as STO Jan18’19 put with a strike at 100. Got 1.92

Results: I try to calculate the results of my trading for the year, not only in money but also as a percentage. Easy if one didn’t add any funds to the accounts during the reporting period, but I did. How do you calculate in this case? I guess I wouldn’t bother if I added 10% or so, but I actually doubled in early October. That seems to mess everything up. Thanks for your opinions and/or suggestions.

$PG sold to open a 80 put 3/16/18 as almost falling knife

$UVXY saw on TT an interesting suggestion BuCS 10/20 with Jun16 expiration. Relatively low cost bto around 2.05. Small position but have already entered a STC for about 1$ higher

$SVXY this morning I received a note from IAB that I have to liquidate my put options in my IRA account by Dec 23. Having to do with restrictions on limited partnerships. Is IAB the only that does that?

$BABA looking at an earnings trade, average low 96 and average high of 107 after report were the results during the last 8 reports. STO strangle 95/110 with expiration 11/4.