tag:blogger.com,1999:blog-973587304515257848.post7466707094272210488..comments2024-02-11T00:12:56.047-08:00Comments on IN THE MONEY TRADES: Market analysisAnonymoushttp://www.blogger.com/profile/02083421527404780093noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-973587304515257848.post-50801008973437691322010-02-02T15:25:03.845-08:002010-02-02T15:25:03.845-08:00So today we had a nice bounce continuation right i...So today we had a nice bounce continuation right into the area where I wanted to try and find some short exposure. About 5 minutes before the close I looked up those $108 puts that I had already played a few times for a small profit. I sold them last time for about $2.30, today I was able to buy them at 0.97. So I bought a starter position with 5 SPY Feb '10 $108 puts @ 0.97. <br /><br />As I pointed out on the chart, I am looking for a bounce into the 110.5 - 111.67. Today's high was $110.59. So if we do get a move higher I am willing to buy another 5, but not sure at what strike or expiration yet. I will evaluate that when/if we get there. <br /><br />I am once again in a Delta Neutral position. Actually slightly negative at -11 Delta beta weighted to the SPY.Anonymoushttps://www.blogger.com/profile/02083421527404780093noreply@blogger.comtag:blogger.com,1999:blog-973587304515257848.post-26925517406111646742010-02-01T15:51:04.750-08:002010-02-01T15:51:04.750-08:00Just read this post on IWO -->http://www.invest...Just read this post on IWO -->http://www.investingwithoptions.com/2010/02/what-range-can-we-expect-with-this-volatility/<br /><br />This is a nice quick and dirty method, kind of back of the envolope type analysis.Anonymoushttps://www.blogger.com/profile/02083421527404780093noreply@blogger.comtag:blogger.com,1999:blog-973587304515257848.post-36220593567617352242010-02-01T14:37:40.863-08:002010-02-01T14:37:40.863-08:00Just came accross the twitter feed.
http://blog.t...Just came accross the twitter feed.<br /><br />http://blog.t3live.com/2010/02/how-to-trade-bounce.html?utm_source=twitterfeed&utm_medium=twitter<br /><br />From Scott Redler at T3Live.comAnonymoushttps://www.blogger.com/profile/02083421527404780093noreply@blogger.com