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
It is great trading, up 14... used to be that would take 3 days! But very dangerous! Im basically bullish, but have to see how we behave at the numbers i mentioned
CH
CharterJoe
Rep: 4,475
Posts: 2,352
$TICKS have a nice base at -600 and not breaking this may be good...
JO
johnh
Rep: 0
Posts: 6
I was pointing long before the open but am just sitting waiting for some more indication now
CH
CharterJoe
Rep: 4,475
Posts: 2,352
886 is sq nine 890 good enough +10.75...+33.75 today. If I wasn't short I would have gone long there...
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