Sorry for the double post but another question is. Does it matter that you bought the 76? What if you bought 77,78,79...etc. Wouldn't those have gone up as well when the FB stock was moving upwards? Or does it move less because they aren't ITM?
the strike prices have a price change according to the deltA. strikes further out have less delta and will move less per )1 move on underlying. i has a weekly call; I needed something closer to current price. I recalled $77 as the prev low for last week (so it would be a top now), so I bought a 76 thinking that if it could go through 77 jt sould get bought up to 80 but when it has a red candle on the 5 min. I just closed.
thinking to do a trigger put trade on Nflx. if it breaks 376 to the downside then the levels are as follows: 369; 356;340;332
I closed half my position at 1201 as it is basically at my first price target. Just wanted to lock in some profits in front of US GDP.
twitter was an interesting V reversal trade today. ''Spy approaching 2 day high. 1989 If spx reverses off 1991 then im going to laugh of twtr goes back to day low. .. Anyone see the bidu 225 calls at open. damn! $15 up in 15 mins. love these month end shenanigans.
I'm looking at a move to about 1000-1050 next. I think this next move is going to occur faster than most people think. Then some bounce from there. I've been bearish since about May(first talk of Fed taper) through November 2012, where I built a short position from about 1650-1750. I covered most around 1250-1300 in the past year and a half. Gold market has been a great technical market for the past few years.
so the option quoting system crashes, no live data feed of prices.This is legit! I'll just estimate the intrinsic value and make up a bid and sell. Glorious!
thankfully i closed my short. futures going off !!! 2017 is 6 month spx high. thanks bank of japan. approaching bubbles levels. is it overbought? ha ha overbought can go for a while!!
today was interesting. pcln went off . ten baggers all over that chain. was watching bidu into close . saw the 240p go from 1c to 1.10 in 30 min. the 3c had a lot size of 500. wish I would have hit that ask oh well. can't complain.
im looking at $dxy to $89.12 ..I think gold will slide until it hits that and comes back. would like to hear your feedback..
Does anyone here actually work in finance? Or is this just a hobby/wealth growth tool? I apologize if this has been asked multiple times.
I used to work in investment banking, but now I trade for myself. Robbie380 works at a proprietary trading group. I'm not sure if there are any Financial Advisors on this thread if that's what you are looking for.
