Hey, Greg, I'm still posting your entry and exits on the trades you post at your blog over at my blog. So anyone who wants to check those results can certainly do so by visiting my blog here. Personally I think you are stretching things to say you post 7 to 1 winners. Naturally you are more than welcome to stop by and correct me about any of the prices I post for both your exits and entries. As you know, I am all about complete and "honest" disclosure as I believe that anyone who posts market commentary backed up by trades should also be honest and open about it. Just like a mutual fund or hedge fund is required to be. You've moved closer to the direction of open and "honest" disclosure since you now at least post each trade as a short or a long instead of a straddle. Not quite there yet, buddy. So I will continue to "monitor" so that there WILL be open disclosure. Hope this doesn't change our current "amicable" situation. But if it does...so be it.
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I am glad you are posting them. Keep in mind, as well, that I always enter a position with a "half" position so if it goes against me initially I close it with only a small loss. If the position moves in the direction I believe it will, I double the position. This allows me to capitalize on my winners and take minimal losses if I get it wrong. Thanks buddy. ; )
That's fine, Greg. I do the same every once in awhile. I will "likely" hedge my current short in SLV via a long in GDX if the correct signal materializes to do so. As of right now I will need to be "lucky" to cash out of my SLV short with a gain by 8/18 expiry at the $15 strike. But if it actually trades to the 14.43 price I just told one of your followers, major chachingo! :-) I only post the trades you log at your site and in fairness I post the day's range for those options as well as the current price when you post the trade. You still "might" want to hedge the NFLX trade soon...not yet tho. But it is one sell off away from being a buy right now. I will post that trade as I need to hedge the NFLX sell I posted at MUCH lower levels. You "should" do well with the Q's trade....SPY is going to be "iffy" unless the VIX trades well above the 11.50 "maxi" high I mentioned. Right now it is actually "slightly" overbought believe it or not. :O