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Crude oil Position/Swing Trading in Low Volatile price Environment


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Crude oil Position/Swing Trading in Low Volatile price Environment

  #1 (permalink)
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Crude oil Position/Swing Trading in Low Volatile price Environment

I am starting this thread to post Crude OIL Futures position/Swing trades.

The background:
1/ Lately OIL is trading 100 tick ATR range and AT the Money PUT/CALL Options with 30 Day expiry are trading around $1.75 , this is very cheap Option prices. As recent as 2 months ago these AT the money 30 Day expiry options are traded around $3.00

2/ In this Low volatility environment , I am experiencing Position/Swing trades fare better than Day Trades. You do not have to worry about 20 to 30 Tick STOPs to realize similar gains on the upside .

3/ Max. only 2 trades allowed per day, that is 2 Buys and 2 Sells. Ideally try to be 1 Buy and 1 SELL per day.

4/ Holding PUT/CALL Options overNight is one of the main themes of these trades and take FUTURE contract CONTRACT LONG/SHORT positions with the Previously bought PUT/CALLs as Protection.

5/ Trades are based on Discretionary method with Fundamental Analysis background and some Technical Chart Info.

Initial Capital: $20,000 (to avoid controversy , consider this as SIM Account )


Last edited by EdgeExecution; November 21st, 2013 at 01:04 PM.
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  #3 (permalink)
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2013/11/21 Trades


moved trade post from first post to here, I will edit later for good Table Format for easy read

----------------------------------------------------------------------------------------
Date | Time(EST) | Long/Short | Entry Price | Exit Price
--------------------------------------------------------------------------------------------

Trade #2: BUY $94 strike JANUARY PUT Option, price: $1.10 Time: 12:25 (ET)
Trade #1: BUY $96 strike JANUARY PUT Option, price: $1.90 Time: 12:25 (ET)

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  #4 (permalink)
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Trade #1-close: SELL$96 strike JANUARY PUT Option, price: $2.55

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  #5 (permalink)
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Trade #4: BUY Future price: $94.30
Trade #3: BUY $93.5 strike JANUARY CALL Option, price: $2.08

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  #6 (permalink)
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EdgeExecution View Post
Trade #4: BUY Future price: $94.30
Trade #3: BUY $93.5 strike JANUARY CALL Option, price: $2.08

Trade #4-close: SELL Future price: $94.95 ( + 65 ticks )


Last edited by EdgeExecution; November 22nd, 2013 at 12:34 PM.
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  #7 (permalink)
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EdgeExecution View Post
Trade #4: BUY Future price: $94.30
Trade #3: BUY $93.5 strike JANUARY CALL Option, price: $2.08

Trade #3-close: SELL $93.5 strike JANUARY CALL Option, price: $2.55

Trade #5: SELL Future $95.10

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  #8 (permalink)
San Francisco , USA
 
Experience: Intermediate
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Trading: CL, 6E, GC, ES
 
Posts: 66 since Nov 2013
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EdgeExecution View Post
Trade #3-close: SELL $93.5 strike JANUARY CALL Option, price: $2.55

Trade #5: SELL Future $95.10

Trade #5-close: BUY Future $94.80 ( + 30 )

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  #9 (permalink)
San Francisco , USA
 
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Short 94.0 2 cars

Trade #6 Short 94.0 , 2 cars

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  #10 (permalink)
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Trade #7: Buy 95 PUT


Trade #7: Buy $95 strike PUT option: $2.07

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