Bought back remaining TNA put credit spreads here. Will be
looking to sell call credit spreads on IWM or TNA at a logical
level. A big bounce would be a gift.
1080's a good starting point - sold some Nov 64-65 TNA call
credit spreads for $.31 = 69% probability of profit. Will cover at
$0.10-15. Will sell higher spreads on bigger ramps with 36 days to
play out.
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Dang - clearly didn't need
RUT took back more than 50% of 15m down candle.
Posted by a_l_ on 15th of Oct 2014 at 03:39 pm
Dang - clearly didn't need to wait - already had put credit spreads on TNA close at 60% ROC in an hour.
Bought back remaining TNA put
Posted by a_l_ on 16th of Oct 2014 at 11:15 am
Bought back remaining TNA put credit spreads here. Will be looking to sell call credit spreads on IWM or TNA at a logical level. A big bounce would be a gift.
1080's a good starting point
Posted by a_l_ on 16th of Oct 2014 at 11:28 am
1080's a good starting point - sold some Nov 64-65 TNA call credit spreads for $.31 = 69% probability of profit. Will cover at $0.10-15. Will sell higher spreads on bigger ramps with 36 days to play out.