All I want for Christmas…

All I want for Christmas is a Santa Claus rally 🙂

Adjustments, just doing my best to bring in income to offset the continued chaos.

#supercharger
TQQQ 40/45 BTO for 4.50 sold for 3.75. Trying to keep this account from being wiped out so taking a small loss before it became worse. Going long term with what’s left on a GILD #fuzzy.

#fuzzy
GILD 2021 67.5/69 next week for 11.92. Have 113 weeks to manage.
EXPE 125/125/126 rolled the 1 DTE 126 out to 15 DTE for 1.00. CB now 13.88 and as above 113 weeks left.
XBI 2020 80/85 15 DTE rolled down to 80 at 43 DTE for 1.91 credit CB now 14.63. 61 weeks left to manage.

#pietrades
LNG 63 cc tomorrow rolled out 43 DTE and down to 61 for 1.97 credit. Cb now 59.27.

Bizarrely MU is up, go figure?!
As @kathycon said below, market is defying all patterns and seasonality this year, not quite and exact quote but close. Does the VIX need to spike to 50 before the selling is done? Who knows, trade smart, preserve capital, there will be big opportunities soon enough.

If the whippy settles down later my try some directional trades before the day is over.

Good luck, stay safe!

Friday clean up

Had some things expiring and others just out of time value so #rolling, closing, adjusting.

TQQQ CC 63 rolled out to 42 DTE and down to 61 for 1.55 credit. CB now 59.10.
TQQQ lot 2 CC 63 same as above. Cb now 59.45.

QQQ 7 DTE 150/155 #supercharger sold to close for 4.92. Bought for 4.52 so about $132 profit on a 3 lot.

New TQQQ #supercharger 21 DTE 40/45 bought for 4.50.

Now just sitting on my hands until next week. Wish I had time to trade /NQ this morning, that would have been profitable.

Have a great weekend 🙂

AMZN

STC Nov 9 1600/1602.5 Calls $2.50

BTO Monday for 1.90 #supercharger

#rolling and recovery Scalped a…

#rolling and recovery

Scalped a few more trades on /NQ and gave back my gains. But learned that 15 min and 30 minute chart is probably ideal for scalping. 1 and 5 minute too much chop. I will be adding some more directional trades and using my tools.

#fuzzy
XBI 80/97 rolled to 80/90 for 0.49 credit. Cb 17.84
LNG 50/66.5 rolled to 22 DTE 65 for 0.49 credit. Cb 17.84
XBI lot 1,2,3 closed for losses totaling 620. With only until Jan 2019 and hardly any cash in this account did not think it was worth trying to recover and losing more.

#pietrades
LNG Lot 1 66 cc rolled down to 65 and 43 DTE for 0.83 credit. Cb 60.99
LNG lot 2 66 cc rolled the same for 0.9 credit. cb 61.00

#supercharger all I had left for in this tiny IRA.
QQQ 22 DTE 150/155 for 4.53. Will have to manage if we drop more.

SuperChargers stopped

#SuperCharger STC $REGN Oct 26th 380/390 BuCS for 5.57. Bought for 7.35 on Tuesday.
STC $AMZN Oct 19th 1880/18890 BuCS for 5.00. Bought for 7.25 yesterday.

I’ll look to add these or others back when it appears a bottom is in.

GOOGL

BTO Oct 19 1160/1162.50 BuCS $1.70 #supercharger
STC GTC 2.40

AMZN supercharger

Bot AMZN Oct19 1840/1850 CDS @ 7.75. GTC order to close @ 9.40. Inspired by Jeff. Thanks @jeffcp66

#supercharger