KO
koolblue
Rep: 48,651
Posts: 16,032
wow, a crazy globex session basically coming out flat. Volitility is very high, so entries and exits have to be quick! looking to buy near the open
KO
koolblue
Rep: 48,651
Posts: 16,032
PS: there was no real reason for that incredible exit. Pure luck, the 5 min. boll avg is 882 and change, just had it in my head to front run it and got lucky!
KO
koolblue
Rep: 48,651
Posts: 16,032
wow, didnt even get my stop in! FREAKED AND UN LOADED AT 910.75 for another 3 handle loss.
BR
BruceM
Rep: 216,211
Posts: 19,895
a friend sent me this tonight so I thought I'd ask you folks:
"These are for the November options.
Do you have a clue what the catch is?
Sell 94.00 puts 94.00 SWGWP make +$9.48
Short the SPY at $94
Buy 94 calls 94.00 SWGKP pay -$4.73
Net profit $9.48- $4.73= $4.75
This looks like a risk free trade to me.
What's the catch?"
Thanks
Bruce
"These are for the November options.
Do you have a clue what the catch is?
Sell 94.00 puts 94.00 SWGWP make +$9.48
Short the SPY at $94
Buy 94 calls 94.00 SWGKP pay -$4.73
Net profit $9.48- $4.73= $4.75
This looks like a risk free trade to me.
What's the catch?"
Thanks
Bruce