Winning

Winning

Thursday, January 21, 2016

and now for something very dangerous

I am going to do a spread for tomorrow and in doing so I am gambling that something big will move the markets tomorrow. There has been three stalled out candlesticks and something looks wrong with the Aroon indicator as well as the ADX indicator. They seem to be telling me that there is going to be a pretty big sudden panic drop. Or maybe something good tomorrow. A big move. This spread will not be for the faint of heart or the scared of cash because these expire tomorrow. If there is a big move we could make some good money.
Or things could stay around the same place and languish. Im not too happy about my strike price error today so I am going to let my emotions factor into a little bit of this decision as I am feeling a bit of the "fuck its". If you are adverse to risk then stay away from this spread.

My in for the calls

QQQ Jan 2016 101.000 call (QQQ160122C00101000)

-OPR
1.10 Down 0.24(17.91%) 3:32PM EST
Prev Close:1.34
Open:1.22
Bid:1.05
Ask:1.06
Strike:101.00
Expire Date:22-Jan-16
Day's Range:0.70 - 1.80
Contract Range:N/A - N/A
Volume:9,929
Open Interest:5,428
My in for the put side

QQQ Jan 2016 101.500 put (QQQ160122P00101500)

-OPR
0.91 Down 0.86(48.59%) 3:36PM EST
Prev Close:1.77
Open:1.50
Bid:0.88
Ask:0.89
Strike:101.50
Expire Date:22-Jan-16
Day's Range:0.64 - 2.12
Contract Range:N/A - N/A
Volume:12,627
Open Interest:4,766
Thats it for today. Remember to sell that daycall 2 min before close at market whatever it ends up being.

Thats all for today, see you tomorrow,

Tradinginsider

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