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Using Options for Swing Trading
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Using Options for Swing Trading

  #111 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
Bermudan Option's Avatar
 
Posts: 467 since May 2011
Thanks: 395 given, 252 received

One final trade on AA. Now lets see if the markets collapse tomorrow

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Here is what it looks like on the Daily.

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  #112 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
Bermudan Option's Avatar
 
Posts: 467 since May 2011
Thanks: 395 given, 252 received

Stopped out of GLD thanks to some intraday volatility. I wanted to take profits and open a calendar spread but I am at work so I couldn't look @ the P/L curves to set stops. Wasn't prepared for anything other than a move in the direction I was interested in though. Live and learn.

That is the end of a pretty rough day of trading overall. Gonna lick my wounds and regroup.

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  #113 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
Bermudan Option's Avatar
 
Posts: 467 since May 2011
Thanks: 395 given, 252 received


Grabbed some contracts of MSI. Since the PPS is so large, I could only muster 4 ct for my $200 incl commission stop loss:

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  #114 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
Bermudan Option's Avatar
 
Posts: 467 since May 2011
Thanks: 395 given, 252 received

Just bought 5 weekly $121 puts @ $0.37/ct on an AON gamble. My reasoning is that the GLD market will tank before the week is over now that the hedge against the default is dead in the water. (It was a terrible hedge anyways as the GLD sold off for the last week or two)

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  #115 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
Bermudan Option's Avatar
 
Posts: 467 since May 2011
Thanks: 395 given, 252 received


Bermudan Option View Post
Split the BxA on Nov $5 Calls on SD

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Hoping for a breakout in the near future based on this overall pattern on the Daily:

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Profit target was hit but I didn't take any profits because I am pretty bullish on the overall market based on the overall SPY charts. Here is the new profit and loss graph:
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  #116 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
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Posts: 467 since May 2011
Thanks: 395 given, 252 received

Got trigger happy and closed my trade out waaay too early. Closed on a second test of the upper trendline. Looking for some type of pullback so that I can ride SD to $$7
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  #117 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
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Posts: 467 since May 2011
Thanks: 395 given, 252 received


Bermudan Option View Post
Grabbed some Nov $18 Calls on APOL a few minutes ago:
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Big up day for APOL.

Contemplating taking off the table now that my target was hit
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  #118 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
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Posts: 467 since May 2011
Thanks: 395 given, 252 received

Just sold 5 out of my 9 contracts in APOL. Will close out the rest tomorrow/before the upcoming E.R.

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  #119 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
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Posts: 467 since May 2011
Thanks: 395 given, 252 received

Jumped into STX. 5 Contracts because of the high PPS. I really liked how fast the APOL trade turned profitable and so I am working on increasing the PPS on my trades and looking at a IV of over 0.4 percentile.

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  #120 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
Bermudan Option's Avatar
 
Posts: 467 since May 2011
Thanks: 395 given, 252 received



Bermudan Option View Post
Just sold 5 out of my 9 contracts in APOL. Will close out the rest tomorrow/before the upcoming E.R.

Completely closed out of APOL. It will probably run later but there was no nearby Support/Resistance for me to manage the position after my target level was hit

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