Now exit that first of the double down put QQQ from 2 days ago

Ok, now we are going to exit the first part of that QQQ put from two days ago. So now we just have a call sitting out there with no spread after we exit this:

QQQ Jan 2016 112.500 put (QQQ160108P00112500)

-OPR

Watchlist

2.84 0.76(36.54%) 11:33AM EST

Prev Close:	2.08
Open:	2.74
Bid:	3.10
Ask:	3.25
Strike:	112.50
Expire Date:	8-Jan-16

Day's Range:	2.73 - 2.85
Contract Range:	N/A - N/A
Volume:	25
Open Interest:	94

Now remember, we got in on this 2 days ago and we got in at 2.50.
The above is liquid enough and note the bid and the ask. That would allow us to exit at about 3.16 for a nice overnight profit of 21%. All in a days work.

More later today...also may be getting back into the spread with more QQQ puts. Stay tuned

Tradinginsider

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Exit that double down second put

Exit the double down second put that we bought yesterday in the high ones. Below is our exit

QQQ Jan 2016 112.500 put (QQQ160108P00112500)

-OPR

Watchlist

2.73 0.65(31.25%) 9:48AM EST

Prev Close:	2.08
Open:	2.74
Bid:	2.71
Ask:	2.86
Strike:	112.50
Expire Date:	8-Jan-16

Day's Range:	2.73 - 2.74
Contract Range:	N/A - N/A
Volume:	18
Open Interest:	94

Stay in the spread as it is now a single put. We got in this single two days ago in in the mid 2s, we hold that one. So we just made over 25% overnight. Ill take that.

More later today

Tradinginsider

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Good Morning

Checking the issues now, I will be back

Tradinginsider

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Thats all for today

No new action today beyond what we did this morning.

Come on back tomorrow and we will see what I do with the spread I have open.

Tradinginsider

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Double down on yesterdays put

Here is what I am going to do. I am going to double down on yesterday's put.
The market was up minamally today and in looking at the chart, I still expect a big down day coming. So now we are moved into postition with the below purchase, making it a double down (DD) when added to yesterdays:

QQQ Jan 2016 112.500 put (QQQ160108P00112500)

-OPR

Watchlist

2.31 0.00(0.00%) 11:16AM EST

Prev Close:	2.31
Open:	2.50
Bid:	1.97
Ask:	1.99
Strike:	112.50
Expire Date:	8-Jan-16

Day's Range:	2.31 - 2.50
Contract Range:	N/A - N/A
Volume:	1
Open Interest:	104

We just dollar averaged a bit, made the in a little bit better.

More later today

Tradinginsider

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Good Morning

Market is up, I think I know what to do...be right back


Tradinginsider

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