Let's Trade Options | Page 602 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BELLA SYSTEM. Let's try it, let's improve it! 118 replies

Let's Trade The News V 0.4 ! 479 replies

Any Options, Bull Options & Option Bit 39 replies

Let's Trade The News! 46 replies

Let a trade develop? 17 replies

Attachments: Let's Trade Options
Exit Attachments

Let's Trade Options

  • #12,021
  • Feb 10, 2016 1:38pm Feb 10, 2016 1:38pm
Quoting StrayDog
/CL making new lows... currently @ $27.35 (it is just 15c lower than Jan 20 low....
Lotsa air down there....maybe need another hard leg down sub $25.....capitulation.....the game of Chicken might end, somebody blinks, or maybe....there's no way out.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,022
  • Feb 10, 2016 2:58pm Feb 10, 2016 2:58pm
Quoting The Fool
{quote} Lotsa air down there....maybe need another hard leg down sub $25.....capitulation.....the game of Chicken might end, somebody blinks, or maybe....there's no way out.....
Idk... shorted /NQ once more today (a bit bellow 4000) and that's it... Closed the mofo.
Very thin with option trading... I have no positions whatsoever now. Cash only. Fook it.

(Unless J.Y. pulls a trick tomorrow... I don't see any green candles for the market soon... S.T.F.R.)
Hope is dangerous in this game.
  • #12,023
  • Feb 10, 2016 5:24pm Feb 10, 2016 5:24pm
Quoting StrayDog
Fook it. (Unless J.Y. pulls a trick tomorrow... I don't see any green candles for the market soon... S.T.F.R.)
I'd be happy just to get a F.R. to S. Too many headwinds to fight for now....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,024
  • Feb 11, 2016 3:46am Feb 11, 2016 3:46am
Quoting Cecil Gee
{quote} FXY has just traded above $83 now need it to close there or above and if it does then looking for a acceleration up to $86 first and ultimately 90 later in the year translating a quicker drop on the USD/YEN pair CurrencyShares Japanese Yen ETF (FXY) -NYSEArca 83.01 {image} 0.94(1.15%) 17:14 - Nasdaq Real Time Price
when market opens later I will close half of my contracts at or above $86 where ever it opens and leave the rest to run along with my FXE contracts in the opposite direction
  • #12,025
  • Feb 11, 2016 7:31am Feb 11, 2016 7:31am
Quoting Cecil Gee
{quote} closed all my TLT positions AT 131.25, worked out better than I thought. Still in FXY and FXE also looking good so far
may have closed a little early as its up to 134.83 pre market
  • #12,026
  • Feb 11, 2016 9:15am Feb 11, 2016 9:15am
Quoting Cecil Gee
{quote} when market opens later I will close half of my contracts at or above $86 where ever it opens and leave the rest to run along with my FXE contracts in the opposite direction
closed half of FXY contracts at $86.20, bought at 80.44 0n $81 calls and it was a strangle the put side closed a couple days back maintaining for the 90 level by that time U/Y should be just below 1.07-1.05 will assess again from there
  • #12,027
  • Feb 11, 2016 9:18am Feb 11, 2016 9:18am
Quoting Cecil Gee
{quote} may have closed a little early as its up to 134.83 pre market
TLT showing signs of a pullback which may mirror a bounce on the DOW/ S/P, wait for yellen
  • #12,028
  • Edited 11:55am Feb 11, 2016 11:11am | Edited 11:55am
SPX is pretty close to the bottom line of the rising channell, from the 2009 low.
That if happen, would be the 3rd touch and I would expect a good bounce from there. Weekly 200 SMA also there.
Imo, the line acts as a magnet now.

In case of later failure of the trendline... well... T.B.M.S. is down there.

SPX cash index weekly chart
Attached Image (click to enlarge)
Click to Enlarge Name: SPX-weekly.PNG Size: 204 KB



Addon - on /ES it looks a bit different, probably because of SPX cash index working hours (RTH only)... and the touch of trendline would be around 1750... while on SPX cash is around 1785/1790
Hope is dangerous in this game.
  • #12,029
  • Feb 11, 2016 12:16pm Feb 11, 2016 12:16pm
Quoting StrayDog
T.B.M.S. is down there.
OK, you got me....?.....TBMS = ? ...... the Black Monday Suicides.....?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,030
  • Feb 11, 2016 12:17pm Feb 11, 2016 12:17pm
Quoting Cecil Gee
{quote} TLT showing signs of a pullback which may mirror a bounce on the DOW/ S/P, wait for yellen
TLT daily candle looks to me as a reprieve on this downtrend maybe here, I may start to look for a gamma call trades on stocks for tomorrow expiry
  • #12,031
  • Feb 11, 2016 12:41pm Feb 11, 2016 12:41pm
Quoting Cecil Gee
I may start to look for a gamma call trades on stocks for tomorrow expiry
ooooh, you think we can get a big bounce to close the week? - what do you have in mind?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,032
  • Feb 11, 2016 12:51pm Feb 11, 2016 12:51pm
Quoting The Fool
{quote} ooooh, you think we can get a big bounce to close the week? - what do you have in mind?
I don't know but for pennies its always a good R-R potential when there's carnage in the markets plus look at the VIX it should be much higher than it is with this bear, TLT has reversed on today's bear where its been going up since the downtrend started plus tomorrow maybe the last chance before the Chinese end the holidays and back online next week, I'm looking round for the right candle to confirm
  • #12,033
  • Feb 11, 2016 12:53pm Feb 11, 2016 12:53pm
Quoting The Fool
{quote} ooooh, you think we can get a big bounce to close the week? - what do you have in mind?
it maybe TSLA
  • #12,034
  • Feb 11, 2016 12:55pm Feb 11, 2016 12:55pm
Quoting Cecil Gee
{quote} it maybe TSLA
NO WAY just looked at there options far too expensive for what I want
  • #12,035
  • Feb 11, 2016 1:16pm Feb 11, 2016 1:16pm
Quoting The Fool
{quote} ooooh, you think we can get a big bounce to close the week? - what do you have in mind?
If SPY closes around 181.50 the I'm taking a long call on SPY 183 for lowest price available before market closes ONLY for tomorrow expiry
  • #12,036
  • Feb 11, 2016 1:43pm Feb 11, 2016 1:43pm
Quoting Cecil Gee
{quote} If SPY closes around 181.50 the I'm taking a long call on SPY 183 for lowest price available before market closes ONLY for tomorrow expiry
SPY hit a big order there at $181.20 - was that you Cecil?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,037
  • Feb 11, 2016 1:47pm Feb 11, 2016 1:47pm
Quoting The Fool
{quote} SPY hit a big order there at $181.20 - was that you Cecil?
haven't got that much money
  • #12,038
  • Feb 11, 2016 1:48pm Feb 11, 2016 1:48pm
Quoting The Fool
{quote} SPY hit a big order there at $181.20 - was that you Cecil?
damn bastards took it away from me
  • #12,039
  • Feb 11, 2016 1:52pm Feb 11, 2016 1:52pm
Quoting Cecil Gee
damn bastards took it away from me
happened damn quick, too quick for me, too.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,040
  • Feb 11, 2016 1:58pm Feb 11, 2016 1:58pm
could be it was the OPEC news......if there is real news from the top oil producers about coordinating a supply reduction, the bear will go back to his cave.................however, they know they can work the jawbone and get some bull action in oil, that will work until it don't.....
"If The Fool persists in his Folly he will become wise." - William Blake
11 traders viewing now