gmg733
788 posts
msg #139030
- Ignore gmg733 |
11/2/2017 11:46:01 AM
Trading options is a volatility trade. Professionals trade volatility not the direction of the underlying. Most folks who trade directional options lose their shorts.
Its been a 'tough' year for options traders because the direction has been one direction. But even then I've been short the market all year and up about 13% overall net liq or 26% of margin used. But I trade volatility mostly and not typically directional. I'll admit and to good reason, the less delta short I was the more I made but then that takes away from my short vega. Continual learn process.
This year has been decent for swing trading futures though I've had my ups and downs. But at least those markets have been two sided.
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mahkoh
1,065 posts
msg #139031
- Ignore mahkoh |
11/2/2017 2:01:55 PM
Absent divine intervention I'll become a proud owner of 100 TEVA shares on November 20 wwhen my short put expires.
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johnpaulca
12,036 posts
msg #139032
- Ignore johnpaulca |
11/2/2017 2:53:01 PM
TEVA...huge accumulation occurring Mr. Shareholder
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johnpaulca
12,036 posts
msg #139033
- Ignore johnpaulca |
11/2/2017 2:58:38 PM
CONE($61.52)...stalking yet another bull flag(filled at $60).
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BarTune1
441 posts
msg #139034
- Ignore BarTune1 |
11/2/2017 3:27:05 PM
i'm short puts on TEVA and bought 1000 shares this morning also ... not down too much on the $14 puts but my plan is to keep rolling them out monthly until they expire worthless ...
hard to see how TEVA won't recover ... seems to me that there should be institutional buying by value funds soon which should be a tailwind as it often takes along time to acquire significant positions ... i guess the key is knowing when that institutional buying begins ....
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Kevin_in_GA
4,599 posts
msg #139042
- Ignore Kevin_in_GA |
11/3/2017 9:40:18 AM
Closing out my XIV trade today - bought 3,000 shares yesterday $111.25. Did not catch the drop to $108 but sold 2,000 shares at $113.00 this morning in PM. Limit order in place for the remaining shares at $113.00.
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johnpaulca
12,036 posts
msg #139043
- Ignore johnpaulca |
11/3/2017 9:54:31 AM
XIV....will buyers keep it over $112.30?? this should decide intraday direction
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johnpaulca
12,036 posts
msg #139045
- Ignore johnpaulca |
11/3/2017 10:21:11 AM
XIV...Iooks like bulls will keep it above $112.30...will trade it long
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johnpaulca
12,036 posts
msg #139046
- Ignore johnpaulca |
11/3/2017 10:28:05 AM
XIV....bunch of stops just below $112.06....marketers will will try taking these out, good entry point
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johnpaulca
12,036 posts
msg #139047
- Ignore johnpaulca |
11/3/2017 10:33:45 AM
johnpaulca
11,094 posts
msg #139046
- Edit message 11/3/2017 10:28:05 AM
XIV....bunch of stops just below $112.06....marketers will will try taking these out, good entry point
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just like clockwork, stops are taken out. $112.30 still controlled by sellers
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