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convoluted

convoluted
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  • convoluted
    It's "yesterday once more" for small caps. Don't worry though though..."it's all in the game." (-)$TNA calls Fri A.M./(-)$TZA calls now.
    Feb 2, 10:30 AM
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      • convoluted
        I'm trying to remember why I suggested doubling down on short $USO calls yesterday. Oh-same old greedy profit motive.
        Jan 15, 12:05 PM
        Reply (6)
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        • jeezuz30: good call, USO seems like a prime product to short at every spike, at least for now
          Jan 15, 5:45 PM
        • convoluted: Yes-wait for decent spikes-and add upside OTM calls unless you have shares of UCO to hedge. An overnight event can play havoc!
          Jan 16, 11:04 AM
          • convoluted
            Lots of complaints about bid-ask spreads on $TNA. CONSIDER: selling bear call spreads on $IWM, holding some prorata shares of $TNA.
            Jan 14, 2:29 PM
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              • convoluted
                I noticed that $ITB was picked as a winner for 2015 on CNBC. I shorted at 27-just couldn't contain my sense of giddiness.
                Jan 13, 1:55 PM
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                  • convoluted
                    Suggest selling UCO JULY 17, 2015 $8 PUT @ 1.70. Nets about 182/BEP=6.10.
                    Jan 7, 10:31 AM
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                      • convoluted
                        "Around The World In 80 Days"-not the movie-small caps. Recall the short LEAP $TNA 59 puts I suggested in the gloom of night? Another day/$.
                        12/29/14
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                          • convoluted
                            How to make $ w/ oil: mix $USO bear call spreads w/ a dab of $UCO. Collect option premium, hold UCO. Use option cash to buy more $UCO.
                            12/18/14
                            Reply (9)
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                            • neobliviscar: update my knowledge of where/how I can trade my ROTH.
                              12/18/14
                            • convoluted: Call your broker. You probably need Level 2 or 3 options approval. You can buy UCO. Not sure about credit spreads.
                              12/18/14
                              • convoluted
                                Buying $UCO shares, hedging with $USO vertical call spreads. (E.g. $USO spread: -22/+26 JAN 17). Note $UCO leveraged vs $USO.
                                12/10/14
                                Reply (6)
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                                • WaveRider007: becomes profitable for those having reserves that are already tapped to maintain output and overly "flood" market, preventing comps sales
                                  12/10/14
                                • WaveRider007: stifling production by others that are starting up expecting inflation
                                  12/10/14
                                  • convoluted
                                    Take a look at selling the Dec 20 $TNA 76.50 puts. Seems to reflect a lot of premium for a short time. Recent volatility big factor.
                                    12/3/14
                                    Reply (1)
                                    • neobliviscar: Not the Dec 20 $TNA calls? Someone bidding up the 84.5 and paying .55 for them.
                                      12/3/14
                                      • convoluted
                                        Small caps on slippery slope yet again. But, action more reflective of preserving gains.
                                        11/19/14
                                        Reply (4)
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                                        • neobliviscar: Understood. Thanks.
                                          11/19/14
                                        • convoluted: Welcome-may the force be with you!
                                          11/19/14
                                          • convoluted
                                            Market spinning in the mud-think about option premium strategies, such as iron condors or even simple spreads.
                                            11/6/14
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                                              • convoluted
                                                I'm trying to respond to some of you but internet connection is terrible. Going to play golf-made enough money already.
                                                10/31/14
                                                Reply (3)
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                                                • WaveRider007: Presume you will be back around end of day to check, right?
                                                  10/31/14
                                                • convoluted: Just checking-appeared the market was 'pinned' the rest of the day.
                                                  11/1/14
                                                  • convoluted
                                                    Some of you have asked about the $TNA short put play. It's already made a lot of money. Don't risk gains over the weekend.
                                                    10/31/14
                                                    Reply (2)
                                                    • WaveRider007: Seeing MACD divergence signs
                                                      10/31/14
                                                    • AlphaGTrends: Agreed, our service is closing trades in $ZIV $VXX $TVIX at the close today. Lock in profits
                                                      10/31/14
                                                      • convoluted
                                                        Look at (-)$TNA put 2 months out (60 strike). At same time, (-)$TZA puts (closer to the money). Maybe 2:1 $TNA/$TZA.
                                                        10/30/14
                                                        Reply (4)
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                                                        • convoluted: $TNA had lots of premium-a skew. So, any move up would be $. A smaller amount of $TZA hedges-a psuedo short call. That's what has happened.
                                                          10/31/14
                                                        • markrpat: Thanks Convoluted. A bit for me to chew on, so will combine with leftover candy. Have a great weekend!
                                                          10/31/14
                                                          • convoluted
                                                            Bought $NFLX 420/440 vertical call spreads-Nov 22 expiry. Even a modest bounce should get quick gamma juice.
                                                            10/28/14
                                                            Reply (1)
                                                            • WaveRider007: And if there is no bounce? What is your hedge?
                                                              10/28/14
                                                              • convoluted
                                                                Several of you informed me that your $TNA long puts collapsed. C'mon man! You butcher the cow when it's fat- not a bag of bones.
                                                                10/17/14
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                                                                  • convoluted
                                                                    Added to $TNA LEAP short puts today. (My idea of exposing my inner bull). I'm hedged, of course. Happy hunting all!
                                                                    10/15/14
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                                                                      • convoluted
                                                                        Example: already closed the $TZA short calls at objective.
                                                                        10/15/14
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                                                                          • convoluted
                                                                            If you follow me, please note that I often take 20% gains. With this level of vol, possible to enter/exit 2-4 times daily.
                                                                            10/15/14
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                                                                              • convoluted
                                                                                Leaving small cap (-)calls in place. Selling $TZA calls (NOV 22 20 strike). I love the smell of good ol' reliable fear with cup of java.
                                                                                10/15/14
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