Greetings: WED 25 MAR 2020: I closed out my short JUN20 Crude Oil 60-strike CALLs for 0.04 ($40). It was sold for 0.31, so the profit is $270. (3/25/2020): At the moment I’m writing this, […] Read More
Trade Commentary
24 MAR 2020 Tuesday delayed will post tomorrow WED Noon ET, 25th MAR 2020 The commentary and examples are for teaching purposes only and are not intended to be a trading or trade advisory service. […] Read More
Greetings: TUESDAY 17 MARCH 2020 There are no trades this week. I am still short the JUN20 Crude Oil 60 CALL that is trading at 0.06 this morning. It was sold on FEB 11, 2020 […] Read More
Greetings: TUESDAY 10 MARCH 2020 Closing Trade: I made a closing purchase of the short 37-strike MAY20 PUT (corrected) for 0.65 for a loss of $500. This option was sold back on 11th FEB 2020 […] Read More
Greetings: 03 March 2020 TUESDAY: Closing Trade: I made a closing purchase of the short 65-strike MAY20 CALL for 0.04. This option was sold back on 11th FEB 2020 for 0.10 ($100) and it was […] Read More
Greetings: 25 FEB 2020 TUESDAY The only trade I have out right now is continuing the short Crude Oil strangle MAY20 that I placed back on 11th FEB. (see below “trade orgination” placard. This short […] Read More
Greetings: 18 FEB 2020, Tuesday Current Position Summary: I sold a MAY20 Crude Oil short strangle on 11th FEB, a week ago: I sold the 65-strike CALL for 0.10 ($100) and I sold the 37-strike […] Read More
Greetings on Tuesday, 11 February 2020: Crude Oil dipped below $50. Just a month ago on 8th January 2020, the MAY2020 futures peaked at 64.39 a barrel. The stock market, depending on one’s view has […] Read More
Greetings on 04 FEB 2020, Tuesday At my last post on 27th JAN, Monday of last week- the DJIA was down 400 points due to the Corona virus outbreak. Today, the market is up 469 […] Read More
Greetings on 27 January 2020, Monday: The corona virus news, obviously, has the DJIA down over 400 points this morning, the S&P500 correspondingly down almost 50 points near 3240. What happens with the virus is […] Read More