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re: Options Trading Thread

Posted on 9/23/22 at 12:38 pm to
Posted by slacker00
Member since Mar 2011
588 posts
Posted on 9/23/22 at 12:38 pm to
I normally don't have to check in but once or twice a day. I don't want to overtrade a position. I would be tempted if I checked in more often. I went ahead and rolled 4 expiring put positions down and out but still for additional small credit. On Monday I'll probably reopen the call side for them and bring in a little bit more, but I'll look premarket to see what things look like.

Even though in a downtrend I still think I have a fighting chance for a dead cat bounce or something when rolling out a week. I can likely get out next week or get down to an even lower strike. When rolling a month, I felt like I was stuck and a little bounce didn't help my position when defending a position.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26586 posts
Posted on 9/26/22 at 12:24 pm to
I sold the November 18th UVXY 13/14 call spreads for 25 cents a piece. UVXY will get toppy soon enough
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