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 …
Looks that the difference between futures and DOW is quite pronounced, futures are down less then the Dow. Is that an indication for anything?
#jadelizard After FB’s drop opened a JadeLizard 195/212.5/215 March13 for 3.31, can get better now
$FDX had tried as an earningstrade a strangle 150/190 exp Oct18. Didn’t give me the success I wanted, i rolled the call down to 165 collected extra premium and will wait a little. My BEP is 146.85 on the put side. This will be my last time trading FDX once this is resolved.
#fuzzy I had been doing well with KR, I actually closed my existing ones just beginning of the week as i had a decent profit in them (I guess luck was part of it…). Now, after that steep drop, i re-entered at 23/25/25 exp Jan 2021. Paid 3$ I BTO 3 contracts to allow me to sell only 2 calls against it, limiting my overall risk in case the stock price would over run my short calls.
#OT Pattern Day Trader
in a small account, I followed MamaCash on a LopHir and got flagged by IAB for too many day-trades. They count LopHir as two day-trades! Same for an Iron Condor, if you opened a spread it is one day-trade. Didn’t think of it as Tastyworks counts it as a single trade. I called and got already reset, but that makes things very complicated. Are the other brokers interpreting the rule as IAB does?