7 DTE Call Spread aggressive 17 delta, 32% gain on cap invested

7 Mar

This is a very aggressive Call Spread, the Premium is 32% gain on cap invested. Will close this trade early to take risk off the table.

The Call side legs: -5915 +5920.

The Trump Crypto Summit is today at 1:30 EST. Expecting a sell the news event in Crypto, potentially more trade war / tariffs news will also continue to drag down the SPX which defs looks like it has locally topped out for now.

Again looking to close this trade early next week.

7 Mar

Not

Aggressive dump on SPX right after putting on this trade now, SPX would have to reverse 4% up to break my Call Spread, so may hold on to this longer now, or perhaps even till expiry if this downtrend continues.

10 Mar

Not

Winning hard on this trade atm, which unfortunately means my other positions are hurting, but this is how I like to diversify... sell Short trades while market dips hard. Again peeps, all this current volatility and uncertainty will pass. IMHO we are still setup for an insane year in both stocks, crypto and risk assets... everyone needs a little more patience.

Bearish Sell Side trades in the mean time to make some income

11 Mar

Not

Going to hold this position till expiry and take in 100% of the premium and pay no closing fees

11 Mar

İşlem elle kapatılmış

Ended up closing early, for the majority of premium collected, 27% (with fees) collected instead of 32%