7 Comments

Weekends are way to short. I am not excited about my job at all next week. It pays the bills. But excited to trade again!

Expand full comment
author

Rolled puts up? your short strike is -118, mine still at -121 with no adjustments.

did you roll your calls down because it's very likely to go ITM with a POP in prices up today. our short call strike spread was -152C/+155C which we closed that leg out earlier. Be careful on your trade as your 12% gains will evaporate very quickly after today :( . the price trend will reverse bullish, that's why i did not adjust anything and let it go down ITM on put side and when it reverse on oversold, i get out or it nears expiry by then.

Expand full comment

I’m currently in this XOP iron condor https://dsc.cloud/aab051/Photo-2023-04-02-20-59.jpg It’s 12% of max profit right now and I’ve rolled puts ip twice!

Expand full comment

If the Fed changes course and no more hikes, how long do you figure it will take for the market to react? And for actual economy and GDP to be impacted?

Expand full comment

I am totally neutral the market right now. Not sure what will happen. Futures are down but that could change on a dime.

Expand full comment