All Entries in the "Weekly Trade Idea" Category
Trade97 Week Ending 14 September
That Was The Week A bit of a nothing but it didn’t feel like it as the FTSE dropped beneath the waves with a low of 7220. I have several positions running into this expiry,and confess to failing to take the 45DTE (Oct expiry trade) That came into view on 7th Sept. Of course this […]
Trade 96 Week Ending 07Sept
Action This Week We have seen FTSE drop substantially from 7760 on 11th August- to the the low on Friday which was 7227. We had almost 12 weeks of centering around 7650 and perhaps that is the new resistance. Hope we find decent support this week. Typically my trades can withstand a 6% drop,thereafter I […]
Trade 95 Week Ending 31 August
Some Graphics To Pore Over, and a Great Exit for Trade 94 As we ALL know- don’t we, volatility rises when the market falls. It can rise when the market rises but it is a measure of the cost of risk. For premium sellers it is a thing of beauty, for those already short premium, […]
Trade 94 Week Ending 24 August
The Week That Time forgot Actually the whole of August has been pretty lame, for FTSE, though August 15th served us well with a 1.5% drop. August is the month when movers and shakers are away. The office cat is actually managing your funds! I like the ‘up day/down day‘ measure and August has 50% […]
Trade 93 Week Ending 17August
What a Spikey Week! Big old vol spike on Wednesday. 5 consecutive down days (long overdue). And…. a terrific opportunity to double down with whatever position you like! I think this is more like it, though we may be heading back to that magnetic 7650 level. What do I know about levels? We’ll get to […]
Trade 92 Week Ending 10 August
Trade 92- we’ll get to that. Meanwhile, yet again the market went absolutley nowhere-we closed UP 3 points, despite the crazy at the end of the week. The dumb money moved in,and promptly scurried away. Cryptos? who the heck is losing their shirt currently? I don’t get it-might as well wet a finger and use […]
Trade 91 A Triple Twist and Week Ending 03 August
New Format So I have decided to roll weekly observations and the trade of the week into one post. I think most of you good people like the trades,and are not so bothered about my inane ramblings. (Chorus of no, no, we love all the content!) I hope that people are continuing to pick up […]
Trade 90 Adding To A Winning Position
Firstly, Trade 89 a recap: We were long 7700 @47.5, short 7800@ 18.5, sell 7850@11 x2, = debit 7. (CALLS) Currently I think we’re looking at a value of about 10. So,one could argue this trade has made a reasonable profit, in the short term. We are here to run this though, and want to […]
Trade 89 Nothing Like a Butterfly
Limited But Almost Assured Upside? The usual media suspects are trotting out the usual line- earnings season, earnings beating expectations etc. I have no inside track but seriously? Debt overwhelms any sort of growth. Why wouldn’t you borrow at 1% buy your own stock and make 5%? Company insiders know what’s going on but they […]
Trade 88 Playing Not To Lose
Trade 87-So We Win Tiny, There’s Still Hope Trade 87-from last week:We were buying 1 (one) 7550 put paying 44(Lewis Hamilton’s number) and we are SELLING, get this… 3 that’s three of the 7400 puts for 16.5 each= 49.5. A credit of 5.5 but that is really not the point. Sorry for Lewis Hamilton too! Biiiig […]
