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re: Options Trading Thread

Posted on 12/21/23 at 9:07 am to
Posted by Jag_Warrior
Virginia
Member since May 2015
4186 posts
Posted on 12/21/23 at 9:07 am to
I’m hoping that my fellow “options bros” avoided the VWAP air pocket yesterday.

As I’m winding down for 2023, I happened to be on the sidelines, having lunch, when a friend texted me about the sudden sell off. Once I got a handle on the reason(s), when I got back to my trading rig, I did launch a large lot of far OTM 1DTE SPX put spreads. With the expected bounce this morning, they’ve already turned to dust. So it’s nice to have some icing on the 2023 cupcake.

But just popped in to wish all you guys well. Hoping that all your stockings will be filled with crisp $100 bills.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26593 posts
Posted on 12/21/23 at 11:17 am to
Fortunately I did avoid. Hope UVXY can continue its run-up so we can finally sell call spreads on it.
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