| johnpaulca 12,036 posts
 msg #143271
 - Ignore johnpaulca
 | 4/20/2018 9:39:28 AM 
 target $169
 
 
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| johnpaulca 12,036 posts
 msg #143272
 - Ignore johnpaulca
 | 4/20/2018 9:42:38 AM 
 stop at $168.24
 
 
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| johnpaulca 12,036 posts
 msg #143276
 - Ignore johnpaulca
 | 4/20/2018 1:05:56 PM 
 So much for shorts losing their heads, I read this somewhere on the board....shhhhh!!!
 
 
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| johnpaulca 12,036 posts
 msg #143278
 - Ignore johnpaulca
 | 4/20/2018 2:58:44 PM 
 TQQQ...another 5% haircut, nice call fat boy.
 
 
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| gmg733 788 posts
 msg #143279
 - Ignore gmg733
 | 4/20/2018 5:36:16 PM 
 @BarTune1
 
 Great to hear.  I'm back in XLI.  I trade in and out of the same ETFs all the time.  High IV and liquid I'm in it.
 
 For straddles I take profits between 25-30%.  Strangles around 40-50% of max profit.  I like doing 20 delta trades right now for strangles.  Kind of in between straddle and strangle.
 
 Good stuff.
 
 
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| johnpaulca 12,036 posts
 msg #143284
 - Ignore johnpaulca
 | 4/21/2018 6:10:47 PM 
 VIX...if the double bottom thats developing on daily comes to fruition, then we see at least 34.65
 
 
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| four 5,087 posts
 msg #143285
 - Ignore four
 modified
 | 4/21/2018 7:24:58 PM 
 gmg733
 I trade in and out of the same ETFs all the time. High IV and liquid I'm in it.
 
 --
 
 Other than XLI... which do you prefer?
 
 -- I have used XOP, EFA, EWZ, XLF
 
 
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| gmg733 788 posts
 msg #143295
 - Ignore gmg733
 | 4/22/2018 3:48:34 PM 
 All depends four.  Right now I'm in EWZ (just closed for a profit), EWW, GLD, XBI, XHB, OIH, XLE, XLI, XLY, XOP and XRT.
 
 I've traded many others too they just don't have high IV right now like TLT.  XLF just doesn't have a lot of juice in it like UNG and USO.  So I'll avoid those and if I do it is most likely a straddle to get enough preimum to make it worth while.
 
 I know I've trade FXA, FXB, FXC and FXY.
 
 The main thing is to have something with elevated IV, liquid with 'tight' markets (you'll find yourself trading the same things over and over and over again), options naturally.
 
 If you are interested, options on futures have been good to me this year.  /CL, /ZB, /ZC, /ZS, /ZW, /NG, /GC, /ES, /6B and /6E are the main ones.  At any one time you can expect to have 3 to 4 on.
 
 
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| mahkoh 1,065 posts
 msg #143304
 - Ignore mahkoh
 | 4/23/2018 3:33:36 PM 
 AAXN (42.84)  big call buying on the June 45 strike.
 
 
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| johnpaulca 12,036 posts
 msg #143309
 - Ignore johnpaulca
 modified
 | 4/24/2018 1:04:02 PM 
 johnpaulca
 11,693 posts
 msg #143137	4/9/2018 9:32:14 AM
 
 SPY...let's see if it holds 2640 by tomorrow.
 *****************************************************************
 back at 2640....market hasn't gone anywhere, will look for a bounce here again and cover my shorts today.
 AMZN has been my best short over the last 2 days...hope you guys are on the right side of the market....glty
 
 
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