Seeking Alpha
  • weed
    My $SSO experiment netted enough to pay my 2013 cell bill. The options I day traded monday woulda paid the kids tuition, damn.
    1/2/13
    Reply (16)
    • Mercy Jimenez: Any gain is a good gain weed.
      1/2/13
    • weed: Indeed it is, Mercy. My screen is the greenest I've seen in a long time. Just wish I felt better about the "cliff" deal.
      1/2/13
    • j jenkins: The kids tuition? Yea, maybe at the community college. C'Mon man!!
      2/5/13
    • weed: Did you see the gap up in $SPY from 12/31 to 1/2? I think I could have covered a semester of out-of-state tuition at a "real" college.
      2/5/13
    • weed: Don't actually remember my position size though.
      2/5/13
    • In&Out: $SSO actually my strategy is "custom straddles"..out far enough to ride the up's & down's pull the trigger sometimes intra-day each way:))
      3/23/13
    • In&Out: $SSO if I see green of more than $250 either way.. I take it and do it again & again.
      3/23/13
    • weed: In&Out, do you have an entry strategy, or do you just jump right in?
      3/23/13
    • In&Out: $SSO I watch options couple months out, puts & calls, when underlying near a 2 / 3 day low I buy calls. Near or at 2 3 day high buy puts...
      3/28/13
    • In&Out: $SSO..."like today..good day to buy puts. If you choose two or three different strikes you will keep busy... and daily pull in the green:))
      3/28/13
    • In&Out: $SSO...my entry point is predicated on waiting for the up's & downs...never seen a straight line yet.
      3/28/13
    • In&Out: $SSO..yep I'd say just jump on a ride, choose realist strike values of course...in or near the money.
      3/28/13
    • In&Out: $SSO...Ex 1 3-25 bought 9 73 calls 3-26-sold 9 73 calls= $359.13 Ex 2 3-26 bought 20 69 puts sold 20 69 puts 3-27=$351.19
      3/28/13
    • In&Out: $SSO..sold the puts 3-27 & bought 24 73 calls 3-28 sold 24 calls a little soon =$397.96 little risky but bought 30 more puts near close...
      3/28/13
    • In&Out: $SSO.. "we'll see Monday." I don't like holding for more than two days:((
      3/28/13
    • In&Out: #SSO..If you have a position long enough to "remember" with ETF's your holding tooo longgg:)) This is In&Out's motto for the day....
      3/28/13