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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
gone .. now upo only 3.5, Good call, Bruce
KO
koolblue
Rep: 48,651
Posts: 16,032
long 2@ 925.00 looking for that 932 to be taken out!
KO
koolblue
Rep: 48,651
Posts: 16,032
cant stay too long, getting very overbought up here!
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Bruce,

Nice call on 950 almost there.
KO
koolblue
Rep: 48,651
Posts: 16,032
out at 32..wow, impressive move! 7 handles twice ..now 17.5 and tightening up
KO
koolblue
Rep: 48,651
Posts: 16,032
mini peak at 3:15 working its mojo
KO
koolblue
Rep: 48,651
Posts: 16,032
1,5 and 15 now overbought.. gotta look to sell, but only one
KO
koolblue
Rep: 48,651
Posts: 16,032
selling one at 934.00, 3.5 stop
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Short at 933, I haven't called a ton of calls in here this afternoon, time doesn't allow. But I have no idea where I sit in terms of points I'd say at least +60. Markets are moving 3 points before I can move my mouse 3 inchs
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Out @ +4
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