Trading not Investing $2k to.......

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10:15 AM (3 hours ago)


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Fill received for Order 2560074665
Bought 2 DIA 09/16/22 316 PUT at 2.65 leaves 0

This trade is in play. Posted late so I don't hear about front running

 

Order Fill DIA 09/16/22 316 PUT


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[email protected] 10:15 AM (4 hours ago)
Fill received for Order 2560074665 Bought 2 DIA 09/16/22 316 PUT at 2.65 leaves 0 Order details may also be found online on the View Orders page. If you wish to


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2:27 PM (0 minutes ago)


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Fill received for Order 2560080960
Sold 2 DIA 09/16/22 316 PUT at 3.7 leaves 0

Trade closed.

 

No surprise with the draw down once CPI numbers came out and was 0.3 off. the plan for today was in place what I didn't expect was to see such a huge drop in the $DOW.

It all depends on futures this evening if 31104 don't hold will look at playing $DIA 309 or 306.

 

$DIA 309 trade in play exp 9/16 @$1.25/ct.... 2 cts on board.

 

Sold out $309.00 puts @$2.25. account now at $3680.00.

Following post #140 today was a down day, I know the $316.00 puts paid huge today, the key is enter a trade with a set $ amount for P/L expected from the trade and execute.

The plan for tomorrow looking for a little upside then a draw down on Friday. Another scenario I'm looking at is some downside to $DOW close@$47.07 and anything correlating to rail service do your own DD to find out why.

 

Here is the little upside I referred to this is it (313.52 high).... $DIA @ $311.55 then a trade down to $309.00 - $306.00 going into tomorrow. Will post played trade if I do.

 

a break below $309.75 then a trade for the 307.00 will be in play bid .89 ask .93

 

$DIA could see a draw down to $303.00

 

Looking at a $SPY trade down to about 375.00 - 372.00. Acct at $3680.00.

 

How to determine your stop loss and what will help. Loss/Gain for breakeven.

Loss Gain
5%. 5.3%
10%. 11.1%
15%. 17.6%
20%. 25%
25%. 33%
30%. 42.9%
35% 53.8%
40%. 66.7%
45%. 81.8%
50%. 100%
60%. 150%
70%. 233%
80%. 400%
90%. 900%

well needless to say the final is account wiped out.

I'm still waiting patiently for a trade nothing caught my attention this week so far will see after FOMC today.

 

in play $SPY $385.00 put exp 23 oct @$4.59. 1ct

 

Out of $SPY $385 from $4.59 to $6.60 for $2.01 profit. Acct now at $3881.00.

 

Congrats if you took the $SPY trade to $375, it now need to drop to $373.50 then the $372. comes into play. see post #149.

The $385 is now north of $10.00 from $4.59 call.

 

In play $SPY $372.00 put exp 26 Oct in @$3.20 2cts.

 

The plan for today is potentially move out 1ct between $5.40 - $6.40 and hold the 2nd ct over the weekend this is not written in stone.

 

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Thu, Sep 22, 11:31 AM (23 hours ago)


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Fill received for Order 2650050961
Bought 2 SPY 09/26/22 372 PUT at 3.2 leaves 0


[email protected]
10:56 AM (1 minute ago)


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Fill received for Order 2660041752
Sold 2 SPY 09/26/22 372 PUT at 5.88 leaves 0

Sold out $SPY put $372.00 oct26 2cts from $3.20 to $5.88. Prf $536.00 acc @ $4417.00.

The reason for the sell order was $SPY bounced 4 times off the line I drew bearing in mind it went below that LIS(line in the sand) even with the outflow I pulled the trigger for 2 reasons(Ottawa bound and Monday will be full commitment to our daughter's move).
$SPY put now $7.77 from $3.20 congrats if you still holding.

 

In $SPY $366.00 puts 28 oct @$3.68...2cts in play

 

Sold $SPY $366.00 puts 28 oct @$4.75....acc@$4631.00.

The floor is $363.60.

 

3 Names that have my attention by way of the youngguns...$APRN@$4.50 the HSI is huge and this could see a bit of a run up. Now these 2 $PPSI@$3.70 and $POLA@$2.99 do your own DD, all I'm going to say is weather watch movement towards Florida.