good man - that's why

    System trade retraction

    Posted by matt on 7th of Oct 2022 at 09:41 am

    good man - that's why I think of showing on the website for the trade lists, minimum 2 contracts makes sense then you have ability to take scale out (like I have been doing lately with the systems) and keeping one.

    a while back for the MES system trades I took the base amount up from 1 to 2 contracts, I should do that for the options as well take it up from 1,2, 3, to 2, 4, 6 - that way 

    just sold the 2 option.

    Posted by morton7 on 7th of Oct 2022 at 09:48 am

    just sold the 2 option.  nice trade will pay for a subscription for a long time :-) 

    Nice and LOL

    Posted by retirefire on 7th of Oct 2022 at 09:49 am

    Nice and LOL

    yeah LOL on that ETF

    Posted by matt on 7th of Oct 2022 at 09:57 am

    yeah LOL on that ETF retraction yesterday, at least we had to keep the PUT's

    I had forgotten that the Hi Mid Lo triggered a 1st entry short on ES yesterday, which we didn't take because it's not the version we typically use, I might have elected to keep that ETF. But the option ended up being the better bang for buck anyway - SH moves like molasses 

    that SPY PUT now trading

    Posted by matt on 7th of Oct 2022 at 09:50 am

    that SPY PUT now trading for $30, was $25.6 yesterday

    SPY Put - Hi Mid

    Posted by elementsix on 7th of Oct 2022 at 10:00 am

    SPY Put - Hi Mid Lo - Sounds like a bunch of us "accidently" covered for nexts year's subscription cost with that trade!   #WhatPriceIncrease

    I sent out an alert

    Posted by matt on 7th of Oct 2022 at 09:55 am

    I sent out an alert to sell 1/2 that SPY put option, for those who did one than 1, I will make a decision later today to hold over weekend or just close out

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