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. ; )
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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