I closed APPL 400-395 credit put spread before Earnings

Why? 1st, I didn’t back test.  2nd, I didn’t know earnings is coming this week.  $9 loss.

Just should NOT hope. 

In the end, APPL had a super good quarter.  I gave up $100 risky money.

Quote not aligned between daily and intraday on Thanksgiving week

Scan and back test 3dHL estimate month HL options strategy

It’s 13th trading day of the month.

[type = stock] and [country = us] and [sma(20,volume) > 5000000] and
[today's high > yesterday's daily max(12,high)] and
[today's high >= 10 days ago daily max(3,high)*1.021] and
[yesterday's daily max(12,high) < 10 days ago daily max(3,high)*1.021] and
[daily min(13,low) >= 10 days ago daily min(3,low)*0.979]

Back test shows I would profit $40 for every $500 margin with bull put spread.

Jan 9 heat day and Jan 13 heat day again.

Jan 6 COB

Jan 9, Exit Price $0.77, heat $30 per pair.

Jan 9, Exit Price $0.40, break even. no heat.

DRS transfer ran into issue today due to SSN

http://www.stctransfer.com/drs.htm

Milestone: Intraday seen 19K

A $500+ day. Good trade.

Rollout 3DHL Monthly projection strategy to USO and XLF(FAS).

After USO trade

After FAS trade

XLF and FAS, FAZ have best liquidity and price level for options trade.

found two mistakes and corrected one.

 

Lunch time attack. hit by 6 road blocks. But good preparation saved me!

In office.  Waited 129 entire morning because this was a very high probably setup (1/1194).  Didn’t reach.  iphone’s battery almost used up and had to recharge.  Then went to lunch at cafe (I didn’t bring my lunch box).   I checked iPhone’s SPY quote using nasdaq website and found low reached 127.99.  Rushed back seat and found password locked my windows.  Loaded backup iPhone IB apps, kept charging and found wireless signal was weak at concourse.  Then went upstairs and finally sold my 6 put options as planned.  During sell, knew IB only selling 5 contract at a time.  had to split 6 into 5+1.   Used 1 DT, $240+ win!

Short Strangle margin requirement and long-term pivot forecast 1st half 2012

After shorting the Jun 29 2012 call:

After shorting the Mar 30 2012 put:

The short strangle generated $2.75.  I will profit if SPY is not lower than 109.25 by Mar 30, 2012.  My Feb put spread and Mar put spread will provide another $1+$1-$0.5 = $1.5 cushion, which brings down the BE (breakeven price) to 107.75.  There will be $0.65 dividend by Mar 30, which further brings down the BE to be 107.15.