and honestly if someone bought 5 or 10 SPY calls, you could
consider selling a few just to lock some in. If you only buy one
call, you can't do that.
I may consider doing that for the trade lists in the SPY
section, instead of the 1st entry being 1 option, start with 2 so
that I can elect to sell 1/2 that option position for the website.
So it would go 2 options for 1st entry, 4 for 2nd entry, and 6 for
3rd entry instead of 1, 2, 3, which allows for scale outs
I placed a stop a
SPX KISS charts comments
Posted by retirefire on 21st of Jun 2021 at 10:20 am
I placed a stop a little above the price of the SPY option. Letting it ride for now
that's probably good, no risk
Posted by matt on 21st of Jun 2021 at 10:22 am
that's probably good, no risk for you now.
and honestly if someone bought 5 or 10 SPY calls, you could consider selling a few just to lock some in. If you only buy one call, you can't do that.
I may consider doing that for the trade lists in the SPY section, instead of the 1st entry being 1 option, start with 2 so that I can elect to sell 1/2 that option position for the website. So it would go 2 options for 1st entry, 4 for 2nd entry, and 6 for 3rd entry instead of 1, 2, 3, which allows for scale outs
looks like the SPY call
Posted by matt on 21st of Jun 2021 at 10:24 am
looks like the SPY call option from Friday is trading at 22.2, was bought at 19.9 I think, not a huge move but up
Thanks Matt. Bailed out of
Posted by rfa300 on 21st of Jun 2021 at 11:14 am
Thanks Matt. Bailed out of the option at 23 and happy with the trade! Thank you!!