So I traded like a crazy capitalist pig last night.
Moved most September options into October... normally I'd already be rolled a few weeks ago, but I've been slack.
Somehow I made some money yesterday, not sure exactly where.
Current problem children are:
CHF (Swiss Franc) - need it down
JPY (Japanese Yen) - need it up
CAD (Canadian Dollar) - need it back up (missed closing this one for a big win)
CL (Crude Oil) - need it back down around $65
@Luarien that's all very high brow for me.
I'm just a petty #capitalistpig .
The stock markets are random, therefore I'm selling both call and put options on #NKE ... for equality's sake ... and because it nets more money
... and I just decided to get long /ZB (US treasury bonds) as all the rest of my bonds/notes positions are very short... and hurting.
Working a bid just below current market price.
Today I opened these new trades:
1 long /NQ SEP future.
A mildly bullish /ES futures options iron condor in SEP.
Those got me to ~+250 deltas from -300.
I then decided to add a /ZS (soy bean) future to "interact" with my existing long /ZW (wheat).
... and then I decided to get short /ZT (2 year t-notes... like bonds)... as interest rates... and a bit of an offset against my overall portfolio positions
#trading #futures #options #wheat #soybeans #bonds #capitalistpig
so #TSLA (Tesla) can do no wrong...
I didn't care, and placed a wide Iron Condor (a neutral position) in September options market before earnings:
+235P -240P -360C +365C
Basically I need the stock to stay between 240 and 360 to make money.
Stock up 10% to 330 in aftermarket... should work out.
I will look to close on the market open in USA.
#capitalistpig #trader #options #tesla #ironcondor #volatilityplay #earnings
gah!
Back up to >1000 deltas on my portfolio.
Need some short trades to level it out.
/YM (Dow Jones industrial average) looks like it might role over... selling above the market...
Filled.
@ernie hmmmm, interesting... probably they're just trying to cut costs.
This backlash doesn't seem to have hurt Visa too much considering it's stock is up ~30% on the year.
Maybe as a #capitalistpig, I'd consider shorting some September puts at the market open tomorrow... maybe around 130 if they've got some value?
Sold the /NQ call @ 18 deltas
Sold /ES again, looking for another down move.
Truly Turley