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Wednesday, April 27, 2016

We now turn around and enter with a call

Looks like we are skimming a moving average today. This kind of trading is boring because you are just collecting nickels and dimes. But money is money. So we are in with the below:
QQQ MayWk1 107 Call 1.23 1.24 1.26 1,519
Thats it for about 45 minutes, check on back. Or sign up for my twitter account so you can just get notices on your phone @tradecontrarian

Tradinginsider

shave a bit

We are out with a slight profit
QQQ MayWk1 107 Put 1.17 1.13 1.15 3,223
More to come in a bit

Tradinginsider

Starting today with a put

Today we are jumping in with a put. My entry is below.
QQQ MayWk1 107 Put 1.05 1.08 1.10 2,181
Thats all for now, come on back in about 45 minutes.

Tradinginsider

Good Morning

I am looking for an opportunity to jump in. Pretty annoying last night, a minute before close right after I stopped looking at the indicator, there was a big jump down which would have foretold me of this mornings drop. Now this means I have to be looking all the way to a minute before market close and be ready to jump on a trade.
I am watching the market and looking for an entry point, so stay tuned.

Tradinginsider

Tuesday, April 26, 2016

No action. Thats all for today.

See you tomorrow!

Tradinginsider

We are going to exit even money off last trade

So we exit at even money off the last trade, and as far as I know that should be it for today unless there is activity in the last 5 minutes that we can use for tomorrow. So come back 3 minutes before close to see if there is a late minute development. Other than that, my exit is below.
QQQ MayWk2 108.5 Call 1.43 1.42 1.44 168
Tradinginsider