Thursday, May 11, 2017

Lizard Initiative SCOREBOARD:
Day: 3 | Missed Days: 0 | Trades: 4 | Wins: 2 | Losers: 1 | Washes: 1 | Day: 1673 | Cumulative: 953

Straddle Initiative SCOREBOARD:
Day: 2 | Missed Days: 0 | Trades: 2 | Wins: 1 | Losers: 1 | Washes: 0 | Day: 320  | Cumulative: 320


DIRECTIONAL Initiative SCOREBOARD:
Day: 2 | Missed Days: 0 | Trades: 1 | Wins: 0 | Losers: 0 | Washes: 1 | Day: 0  | Cumulative: 0
 


Hints from today: Reminder, we're trading around a $1K position cost or $1K max profit.


Strategy Idea: If the Lizard didn't work and it's on the high side, why not hold and see if it comes down? Close out the short side perhaps.

Changes:

New Initiative:
________________________________________________________________________________

Holding: SYMC--this could be deadly, SNAP

Lizard winners/Losers:
CTRP: 830, NTES: 843 /

Straddle winners/Losers:
M: 970 / Foxa: -650

Directional winners/Losers:
WFM--Wash--$20
________________________________________________________________________________

Get in before close 5/11/17:
PBR earnings 5/11/17 after...get in 5/11/17--Can't trade, strikes, $9 stock
JCP, today's options data is not definitive, more calls than puts traded, more calls sold at bid than bought at ask, way more puts sold at bid than bought at ask...I'm trading this directionally (can't trade Lizards anyway)...chart history shows JCP has a history of exploding upwards on earnings releases
CYBR Straddle $3.80, this stock doesn't move much, no data from chart, will be doing the standard lizard...1000/5000,

No comments:

Post a Comment