Tag Archives: $IWM

(Looking to) Add to Short

I know that I said I really prefer to make my purchases at the end of the day, but this midday ‘rally’ is really tempting me to add to my $IWM short.  Question: why would this consolidation be any different … Continue reading

Posted in General, potential trades, Psychology | Tagged , , , , | Leave a comment

Yes, I Went Short Today

As noted on StockTwits, I closed my speculative Oct 29 call position in $SLV position prior to the close for a very nice gain (selling at an average of 3.47 from 2.75 for a 26% gain in 2 days).  I … Continue reading

Posted in General, Options, Psychology, Trades | Tagged , , , | Leave a comment

Trade Rationale: $QQQ

I mentioned last Wednesday night about how I felt the market was reaching a short term point of inflection.  Yes, I use a few technical indicators…but as with most of my trading decisions, it’s more of a ‘feel’ than a … Continue reading

Posted in General, Information, Options, Options, Psychology, Trades | Tagged , , , , , | Leave a comment

(Getting) Oversold

Well, after today’s nightmarish session on the stock exchange, all indications point to the market being close to oversold.  Nevertheless, the breadth of destruction that took place today is quite unique. I don’t keep track of these things, but can’t … Continue reading

Posted in General, Options, potential trades, Psychology | Tagged , , , | 2 Comments