Let's Trade Options | Page 626 | 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

  • #12,501
  • Mar 29, 2016 11:04am Mar 29, 2016 11:04am
Quoting ZebraSquirl
Fahhck. Guess it's not a bad thing, but
well you had the right idea for the flatliner market - that was bound to break out sooner/later though - one can hope anyway. I want to see some tall weekly candles either way - green for April will suit me best. I have SVXY trades that will be quite phat if it can cruise up to $55 by Apr opex...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,502
  • Edited 6:55pm Mar 29, 2016 2:44pm | Edited 6:55pm
Quoting Cecil Gee
took a very short term of 3 weeks and only a long put for now for $14 put at 5c
I copied Cecil on this trade yesterday, entered the CBOE VIX Apr4 $14 puts for 10c, I see ^VIX has gone $13.8x after hours, puts should open itm tomorrow.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,503
  • Mar 29, 2016 3:56pm Mar 29, 2016 3:56pm
Quoting ZebraSquirl
{quote} Speaking of the solar space, SUNE implodes to delisting territory on "likely bankruptcy" news.... .
yeas I has been watching....share value more than halved today on ~150MM volume....heading for the pink sheets.....no I dare not touch....I have been cured of that disease anyway
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,504
  • Mar 29, 2016 4:06pm Mar 29, 2016 4:06pm
Quoting The Fool
{quote} yeas I has been watching....share value more than halved today on ~150MM volume....heading for the pink sheets.....no I dare not touch....I have been cured of that disease anyway
So many warts on that hog, not sure there's any "good meat" left on it ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #12,505
  • Mar 29, 2016 4:38pm Mar 29, 2016 4:38pm
Quoting The Fool
{quote} I copied Cecil on this trade yesterday, entered the CBOE VIX Apr $14 puts for 10c, I see ^VIX has gone $13.8x after hours, puts should open itm tomorrow.....
I'm holding on until its close to $13 or better
  • #12,506
  • Mar 29, 2016 5:41pm Mar 29, 2016 5:41pm
could be schweet!....

Quoting Cecil Gee
I'm holding on until its close to $13 or better
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-29_1738vix.png Size: 68 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,507
  • Edited 11:38pm Mar 29, 2016 11:21pm | Edited 11:38pm
Quoting The Fool
SCTY ER 5/3, the Apr5/May1 calendar makes money in the Apr5 week or puts you in a May1 strangle for the ER show.......I might skip the puts if the call calendar only debits 5c
STILL looking at SCTY spreads targeting Apr5/May1 - I think SCTY will get bought up into the 5/3 ER, will be trading $30-35 by last days of April.....very thin volume in the weeklies, though, prolly be a snipe hunt.......
......little better oi in Apr5 where I have $27/28 bull calls vert loaded for 8c.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,508
  • Mar 30, 2016 12:14am Mar 30, 2016 12:14am
NFLX ER 4/18
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,509
  • Mar 30, 2016 1:47am Mar 30, 2016 1:47am
Quoting The Fool
{quote} I copied Cecil on this trade yesterday, entered the CBOE VIX Apr4 $14 puts for 10c, I see ^VIX has gone $13.8x after hours, puts should open itm tomorrow.....
T.F. just noticed your exp is earlier than mine my option expiry is APR 20 hence getting in at 5c
  • #12,510
  • Mar 30, 2016 8:16am Mar 30, 2016 8:16am
Quoting Cecil Gee
{quote} T.F. just noticed your exp is earlier than mine my option expiry is APR 20 hence getting in at 5c
​NO, I am in the Apr4 puts, 4/20 expiry, got in for 10c, they are worth 28c now....I have a 50c gtc on them....gla
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,511
  • Mar 30, 2016 11:08am Mar 30, 2016 11:08am
Quoting The Fool
{quote} STILL looking at SCTY spreads targeting Apr5/May1 - I think SCTY will get bought up into the 5/3 ER, will be trading $30-35 by last days of April.....very thin volume in the weeklies, though, prolly be a snipe hunt....... ......little better oi in Apr5 where I have $27/28 bull calls vert loaded for 8c.....
sat there on the mid for quite some time & then ran up, won't chase....options pretty thin in the weeklies, will keep an eye on it tho
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,512
  • Edited 12:45pm Mar 30, 2016 11:37am | Edited 12:45pm
with equities rallying well this week, and tomorrow end of month end of Quarter, NFP Friday - maybe there's a chance for a nice pullback to close the week? I might take a shot on the IWM $109 weeky puts....for a nickel....

...actually just shooting at $109.5 puts for 8c, not looking too good now, idc.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,513
  • Mar 30, 2016 12:54pm Mar 30, 2016 12:54pm
Quoting ZebraSquirl
So many warts on that hog, not sure there's any "good meat" left on it ... .
well, SUNE ranged 45c-65c today, still near 50MM volume, scalpers plaything now, not my game.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,514
  • Mar 30, 2016 3:05pm Mar 30, 2016 3:05pm
Quoting ZebraSquirl
Sold LULU April 8th 54/68 short strangle for a 1.30 ($130)/contract credit.
Out of the put side for .05 debit. That side was worth a .68 credit at open, so .68-.05=.57, or a $57 profit excluding fees and commissions on that side.

Price dancing around my short call strike; finished the day at 67.75 ... . Hopin' for a pull back going into next Fri's expiry.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #12,515
  • Mar 30, 2016 3:09pm Mar 30, 2016 3:09pm
Out of my TSLA IC for a small loss ... . It's a bit wild in here and wanted to free up BP for shorter term, earnings vol contraction plays, and it hasn't contracted worth crap.

Also out of my IWM poor man's covered call for scratch on this up move. The thing was getting long in the tooth, tying up quite a bit of buying power ... .

Housekeeping of trades that I hated ... done.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #12,516
  • Mar 30, 2016 3:47pm Mar 30, 2016 3:47pm
Quoting ZebraSquirl
Out of the put side for .05 debit. That side was worth a .68 credit at open, so .68-.05=.57, or a $57 profit excluding fees and commissions on that side. Price dancing around my short call strike; finished the day at 67.75 ... . Hopin' for a pull back going into next Fri's expiry.
you been doing lots of these ER IC's thru several cycles now, I surmise - so is it working out pretty well for ya? - I guess it must be if you keep going at it. Are you taking some/most of these off the Dough board? Just curious....I have enough to do just trading a few indices, 2-3 vix products, some bigger names now & again.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,517
  • Mar 30, 2016 7:11pm Mar 30, 2016 7:11pm
some good fly opps long VIX calls, the wider the better, but ya get what you pay for...
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-30_1908vix.png Size: 76 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,518
  • Mar 30, 2016 7:18pm Mar 30, 2016 7:18pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-30_1914gwph.png Size: 107 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,519
  • Mar 30, 2016 10:06pm Mar 30, 2016 10:06pm
watching /CL pull back, will mess with the equity rally (yes that old chestnut)....but we are getting into the bullish season fer oil, so I am looking at the beat down names.....for a clue look n see what they did during the late Feb oil rally....like RIG - nearly doubled in a couple weeks, SDRL - went 4x in about 1 week........​..many others I am sure....I will shop for a June payday, don't forget OPEC has a regular meeting 1st week of June....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,520
  • Mar 30, 2016 10:29pm Mar 30, 2016 10:29pm
loaded SDRL May/Jul $6 call calendar for 10c
"If The Fool persists in his Folly he will become wise." - William Blake
1 trader viewing now