This has been the longest lasting trade since the blog began, however it is working very nicely for us, we are at this point up just under 3% on the overall trade.  Always wanting to be cautious I plan to…

The premiums were holding stubbornly, but today we received some nice break in the prices with the small decline in prices, not sure what the rest of the day holds but being Friday it tends to get less active as…

I am going to buy back the Feb ES 1110 put for 1 pt and then sell a closer strike, the Feb ES 1225 put for 4 pts.  The original trade was sold for 8.5 pts and was worth 7.25…

Baring any crazy moves this afternoon our trade is starting to move a bit in our direction, it is currently at 7.75 pts and we had sold it for 8.5 pts.  This is a small but positive direction to the…

I’m adding the second leg to our trade, I would have expected better reaction to the downside in the market and it is not materializing for us soon enough. Selling the ES Feb 1110 put for 4pts. We have on…

First trade of the New Year!  I am going to jump to the February ES options for this trade since with the market the way it has been I want to “leg” into the trade, in other words put one…