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  • #10,601
  • Sep 8, 2015 11:52pm Sep 8, 2015 11:52pm
JOLTS Job Openings 10:00pm Eastern Time (ET)

Should have quite a big impact, Yellen pays attention to this.
  • #10,602
  • Edited 12:49am Sep 9, 2015 12:24am | Edited 12:49am
Quoting titanmelvin
JOLTS Job Openings 10:00pm Eastern Time (ET) Should have quite a big impact, Yellen pays attention to this.
maybe.....the case has been made for rate normalization since many months ago, especially by the employment data. All that's left for the Yellen Fed is just to bite the bullet....

http://www.timeanddate.com/countdown...=cursive&csz=1
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,603
  • Edited 1:11am Sep 9, 2015 12:46am | Edited 1:11am
gotta be one of the biggest moves I've ever seen for the Nikkei .....+6.55%......
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,604
  • Sep 9, 2015 1:37am Sep 9, 2015 1:37am
Quoting The Fool
gotta be one of the biggest moves I've ever seen for the Nikkei .....+6.55%......
+7.7% at the close. Unbelievable! I only caught about two thirds of it, but can't complain. I mean who would have thought it could keep rising like that?
You reap what you sow.
  • #10,605
  • Sep 9, 2015 1:39am Sep 9, 2015 1:39am
Quoting NorthTrader
{quote} +7.7% at the close. Unbelievable! I only caught about two thirds of it, but can't complain. I mean who would have thought it could keep rising like that?
good on ya - what was your vehicle?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,606
  • Sep 9, 2015 1:47am Sep 9, 2015 1:47am
N225M futures. Still not got my options head on sorry, depsite those links you sent me.

Most of it recovered my recent losses though. The Nikkei's been a real bitch recently
You reap what you sow.
  • #10,607
  • Sep 9, 2015 2:10am Sep 9, 2015 2:10am
last 5 days been cray
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-09-09_0009NIK.png Size: 138 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,608
  • Sep 9, 2015 2:17am Sep 9, 2015 2:17am
wild wild shit continues, looks like /ES will make 2010 Wed, SPY to touch $200 - whatever angst there has been about a Sept liftoff is not much in evidence now
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,609
  • Sep 9, 2015 2:19am Sep 9, 2015 2:19am
lol,,,I gotcha wild thang right here

http://www.marketwatch.com/story/her...teid=rss&rss=1
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,610
  • Sep 9, 2015 12:05pm Sep 9, 2015 12:05pm
Hi TF...

/ES stopped at logical place, looking at my charts.

Attached Image (click to enlarge)
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Fib and SR level around and just above the price... too far to fast. Made 120 points in my first /YM trade ... Took something scalping /NQ also.

Was looking on /ES Sep 1980/2000 bear call spread. Today there were 100 of those traded for $10.50. I think that is a seller here.
So I sold one for $10.00 CR. It is a 1:1 R/R, with b/e on 1990 on expiry... and I think it is going down-sideways to the end of this week. Since there is not much DTE, looking to manage this quickly.
Hope is dangerous in this game.
  • #10,611
  • Sep 9, 2015 12:45pm Sep 9, 2015 12:45pm
Quoting StrayDog
Was looking on /ES Sep 1980/2000 bear call spread. Today there were 100 of those traded for $10.50. I think that is a seller here. So I sold one for $10.00 CR. It is a 1:1 R/R, with b/e on 1990 on expiry... and I think it is going down-sideways to the end of this week. Since there is not much DTE, looking to manage this quickly.
I am giving you the "que cojones!" award for today.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,612
  • Sep 9, 2015 12:58pm Sep 9, 2015 12:58pm
Quoting The Fool
{quote} I am giving you the "que cojones!" award for today.
Thnx man.

First time to trade DOW (well, after a long, long time)... Only one future, but nice.
Attached Image (click to enlarge)
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About that $10.00 /ES spread... It is about $7.75 now
Hope is dangerous in this game.
  • #10,613
  • Sep 9, 2015 1:31pm Sep 9, 2015 1:31pm
Classic situation with AAPL event.

Before event it goes up. Then it starts. Yada-yada-yada... it is going up. Then they mention something not so stellar. Like i-Watch (who buys that anyway?)... And it goes from like +2% to negative territory dragging the whole market down.

Pfff.... I had a nice /NQ short.
Note to myself -> close partially. Leave some peace for a free ride. (Easier said than done.)
Hope is dangerous in this game.
  • #10,614
  • Sep 9, 2015 1:40pm Sep 9, 2015 1:40pm
man I knew that I-watch was gonna be bad news. Only old people (like me) wear watches....

anyway, I'm glad to see the downturn - I have fat VXX & SPY trades waiting for a slide - I'd like to see /ES break 1900 rolling into the FOMC
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,615
  • Edited 1:55pm Sep 9, 2015 1:44pm | Edited 1:55pm
Quoting StrayDog
.... Was looking on /ES Sep 1980/2000 bear call spread. Today there were 100 of those traded for $10.50. I think that is a seller here. So I sold one for $10.00 CR. ...

Attached Image (click to enlarge)
Click to Enlarge Name: ES-spread-closed.PNG Size: 10 KB


I don't want to risk some up moves on China news in AH. Spread lost almost 30% in a few hours. Gimme the money.
Probably stupid, since the market is tanking.

But, on the other hand, THIS is a place for some kind of bounce. Will that bounce hold? I don't know. There are fib level, horizontal level and retest of broken trend line. I don't give a shit now. Cash only.
Attached Image (click to enlarge)
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Hope is dangerous in this game.
  • #10,616
  • Edited 5:13pm Sep 9, 2015 4:58pm | Edited 5:13pm
I am m/l in wait/see mode til the FOMC. Putting on some longer term trades - did a UNG Jan/Apr call diag today, don't remember strikes, also did a Sept4/Oct1 VXX $18.5/$18 puts diag for 5c, the last of those hedgers I will do I guess. just a week to go now, JY will be done shook up the world come next Thursday....

Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,617
  • Sep 9, 2015 5:41pm Sep 9, 2015 5:41pm
Looks like it was a fun day ... . Had some sides taken out on index and TLT IC's at 50% max, as well as a "rung" of my GLD short call vert ladder (still got the Oct/Nov/Dec) rungs on; would like to see the back side of a few of those 12/15 short call verts in FXE, so I can do something more sensible there, like set up the spreads with the short at the 1 SD.

Looks like I may get another shot to add some UNG long Jan 12/13 debit spread, but going to be patient and see if it gets to 12.25 (or below). It closed down 1.72% at 12.55 and is looking like weak sauce here.

Some of my index trades are going to go right down to the wire, even if I shoot for 50% max profit, but I may get lucky in the last few days leading up to FOMC with this crap gyrating around the way it is ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #10,618
  • Sep 9, 2015 5:49pm Sep 9, 2015 5:49pm
Quoting ZebraSquirl
UNG long Jan 12/13 debit spread, but going to be patient and see if it gets to 12.25 (or below). It closed down 1.72% at 12.55 and is looking like weak sauce here.
man a spike for UNG is gonna need one hell of a cold mofo month to even get started. I have been trying to fill some Jan verts & Jan/Apr diags w/ calls out at $17-$20, no further, most are filling....I think I got in a Jan/Apr call vert somewhere around $19 for like 3c.....but if I have got more than $150 in all of those it's $50 too much....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #10,619
  • Sep 9, 2015 5:58pm Sep 9, 2015 5:58pm
In the very last minutes of yesterday's trading, I decided to add short delta on the SPY bounce with a 207.5/210 Oct 23rd short call vert. Right now, trying to leg into a put side on this dip to complete an IC is a pain in the ass at that expiration at or below the 1 SD, which is between 175 and 180, where the strikes below 180 are in 5-wide increments. I guess it's 175/180 or 180/185 or nothing right now ... . Sometimes ya just gotta wait ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #10,620
  • Sep 9, 2015 6:02pm Sep 9, 2015 6:02pm
Quoting The Fool
{quote} man a spike for UNG is gonna need one hell of a cold mofo month to even get started. I have been trying to fill some Jan verts & Jan/Apr diags w/ calls out at $17-$20, no further, most are filling....I think I got in a Jan/Apr call vert somewhere around $19 for like 3c.....but if I have got more than $150 in all of those it's $50 too much....
I think it only needs to be bastardly cold somewhere -- Great Plains, Northeast, etc. -- for us to see sumthin' spikey ... . I'm outdoors at work most of the time, so keep that shit somewhere else ... . I don't mind the -10; I mind the -10 and 2 feet of white stuff on the ground to hike through ... . But you can't have everything ... .
Fireworks are fun ... as long as you don't blow your fingers off.
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