Again like I said below the system trade will not be closing out
anytime soon, however here's how the entries from yesterday's close
are looking currently
the option is up about 16%. Again as you know I ONLY show
the smallest baseline number for the trades, which is 10K per ETF
(which is honestly extremley small for SPX ETF's) and only 1 option
for 1st entries. That's just the base lowest number. Clearly
if someone say bought 10 or 20 of those SPY contracts, could you
peel of a feel? sure. Anyway nice day but remember the trade
is not going to close out for a while so anything goes. I'm
hoping that the market can retrace up to around the 61.8% Fib like
I discussed below in the coming days
First off for so many questions please either send an email into
support or send me a pm here on the trading community, that way
these admin questions don't overwhelm the trade ideas and market
analysis intra day.
as far as your questions I am planning to put an FAQ in the SPY
section like I used to have, that will help with questions, however
far as option deltas etc, heck I used to buy 90 deltas on the 1st
entry, I moved that to a 70. if there's a 2nd entry I buy lower
deltas such as 50, and a 3rd entry a 30 - 40 delta as those are
higher probability trades. I worked on an option model for
months and that's what I came to.
last thing - remember feel free to do whatever options you think
are best, or even go more advanced with spreads etc. I
provide the signals, so you can do whatever fits your style
how the SPY trade is currently looking
Posted by matt on 28th of Jan 2020 at 12:25 pm
Again like I said below the system trade will not be closing out anytime soon, however here's how the entries from yesterday's close are looking currently
the option is up about 16%. Again as you know I ONLY show the smallest baseline number for the trades, which is 10K per ETF (which is honestly extremley small for SPX ETF's) and only 1 option for 1st entries. That's just the base lowest number. Clearly if someone say bought 10 or 20 of those SPY contracts, could you peel of a feel? sure. Anyway nice day but remember the trade is not going to close out for a while so anything goes. I'm hoping that the market can retrace up to around the 61.8% Fib like I discussed below in the coming days
why so deep in the
Posted by watcdy on 28th of Jan 2020 at 12:37 pm
why so deep in the money on both puts and calls ?
next question----the talking heads on
Posted by watcdy on 28th of Jan 2020 at 12:44 pm
next question----the talking heads on tv continue to talk about ESG--anyone know what that stands for ?
First off for so many
Posted by matt on 28th of Jan 2020 at 01:43 pm
First off for so many questions please either send an email into support or send me a pm here on the trading community, that way these admin questions don't overwhelm the trade ideas and market analysis intra day.
as far as your questions I am planning to put an FAQ in the SPY section like I used to have, that will help with questions, however far as option deltas etc, heck I used to buy 90 deltas on the 1st entry, I moved that to a 70. if there's a 2nd entry I buy lower deltas such as 50, and a 3rd entry a 30 - 40 delta as those are higher probability trades. I worked on an option model for months and that's what I came to.
last thing - remember feel
Posted by matt on 28th of Jan 2020 at 01:48 pm
last thing - remember feel free to do whatever options you think are best, or even go more advanced with spreads etc. I provide the signals, so you can do whatever fits your style
Environmental, Social and Governance investing
Posted by isplat on 28th of Jan 2020 at 01:15 pm
Environmental, Social and Governance investing = sustainable investing.
Just Google it...
thank you
Posted by watcdy on 28th of Jan 2020 at 01:22 pm
thank you
Good work sir.
Posted by ssaffer on 28th of Jan 2020 at 12:36 pm
Good work sir.
Remind me to never miss
Posted by peterwelsh on 28th of Jan 2020 at 12:27 pm
Remind me to never miss one of your signals. Kudo's to you and Steve.
It is best to pinch
Posted by ssaffer on 28th of Jan 2020 at 12:37 pm
It is best to pinch your nose and dive in carefully. And trade the plan that is set up and re viewed on the newsletter. It works.