It's been a while since I came to the conclusion that this crazy game is a negative sum game rather than a zero sum game. So, probabilities are aligned against you right from the beginning. Another common conception out there is that the smart money always wins. Also known as: They manipulate the markets in their favor and get the money of millions of small retail traders. Let me disagree with this statement with some common sense first and then with some numbers.
CHRISTMAS PROMOTION
LTOptions at a 33% discount during the Year End Holidays.
Tell me More
Saturday, November 19, 2011
Friday, November 18, 2011
December RUT Bull Put Spread
Demo-trading:
SELL 3 RUT December 620 Put (@7.20)
BUY 3 RUT December 610 Put (@6.00)
SELL 3 RUT December 620 Put (@7.20)
BUY 3 RUT December 610 Put (@6.00)
Wednesday, November 9, 2011
December SPX Bull Put Spread
Demo-Trading:
I opened the first position for December expiration as follows:
Sell 5 SPX December 1105 Put (@12.10)
Buy 5 SPX December 1100 Put (@11.50)
I opened the first position for December expiration as follows:
Sell 5 SPX December 1105 Put (@12.10)
Buy 5 SPX December 1100 Put (@11.50)
Tuesday, November 8, 2011
November QQQ position closed
Demo Trading:
The trade on the QQQs initially described here had been opened for a 0.33 credit and was closed minutes ago for a 0.10 debit, yielding a nice 0.23 profit and in views that the market doesn't seem to want to go down.
The closing trade was as follows:
The trade on the QQQs initially described here had been opened for a 0.33 credit and was closed minutes ago for a 0.10 debit, yielding a nice 0.23 profit and in views that the market doesn't seem to want to go down.
The closing trade was as follows:
Tuesday, November 1, 2011
QQQ Pending Order to close Cancelled
Demo trading:
Markets expected to open significantly lower. The bulls party seems to be over and The pending order to close the Bear Call spread on the QQQs for 0.10 (Talked about this pending close order here) was canceled. This position now fells more juicy.
Subscribe to:
Posts (Atom)