Whew! That was a nail biter this morning for the March trades. So much for staying in a range for a few days. I made adjustments to both the March trades after my “do not trade before 10:30” rule which worked out well. On the March 55 day, I rolled the call spreads back to […]
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March 14, 2011 Trade Update
Hi All, A quick note to notify you that both March trades were adjusted this AM. I rolled the shorts from 790 back to 780 in the 55 day trade and on the method 15, I rolled the 780/830 call spread on the upper butterfly to a 750/800 put spread.
I'm a great believer in luck, and I find the harder I work, the more I have of it.
I’m a great believer in luck, and I find the harder I work, the more I have of it. – Thomas Jefferson When someone is “lucky” or “in the right place at the right time”, that happens a reason. It‘s because the recipient worked and prepared, in advance, to take advantage of an opportunity that came […]
March 13, 2011 Trade Update
Hi All, On Friday, I sold the 690/740/790 call butterfly and purchased a 680/730/780 call butterfly. March trades are in the final stretch. I only need Monday and Tuesday to be reasonably flat days and I should be able to get close to profit targets on the March trades. If the market runs hard in […]
March 10, 2011 Trade Update
Hi All, I adjusted all the trades this morning. Rolled the 3 750/800 spreads on the March 55 back to 790/740. Rolled a 750/800 spread back on March m15 to 730/780 and added a 750/800/850 put butterfly to the April 55. I’ll get more detailed info out ASAP but that may not be till tomorrow. […]
"Too many people overvalue what they are not and …….
“Too many people overvalue what they are not and undervalue what they are.” — Malcolm Forbes, Publisher