We were filled on our resting order to sell 1/2 our calls for a double @ 55. It’s now a free look to remain long the other half. We’ll let the rest ride to see where the rally goes.
I’m clearing the decks today. We bought AAPL @ 520 In Nov. Via the calls and Stock. Our average exit was between 550-560 of 90% of the position. We still have a 2.5% long weighting. I like AAPL long term … Continue reading
It’s time to play the Gilead Lotto. Earnings are out after the close today. I’m looking at the 88 or 89 strike. This is an all or nothing trade. It’s either in the money after the close or you lose … Continue reading
So you want to be Risk On? VIX looks like it’s topped out here for a bit. BUY the FEB 15 Puts for 45 cents. This is the Bid side of the market and gives you upside exposure to Equities … Continue reading
DAX…a close today under 9354 would leave way to another bout of selling. EUR/JPY…140.13 is today’s ORL #. Monthly sell stops are @ 138.40. GBP/JPY…169.81 is the 50 day mvg avg. A close below this level would put in an … Continue reading
Closing Trade..Mid mkt is around 47-48 Sell the calls Mid market time to cut our losses and reduce our exposure.
I’m looking for a 132.30 print in the USAH At this point I’d look for it at the Chicago pit close @ 2 P.M. CDT or an hour later at the NYSE close. Qtrly sell stops in the TBT are … Continue reading
Presently we have a 540 Stop on Close for the remainder of our Long AAPL. I’m moving this stop back to the original entry level of 520 on the last buys. This order will be a stop on close. The … Continue reading
We just got filled buying the last of our short futures @ 128.03. Make sure to cancel your trailing stop order.