Tuesday, January 18, 2011

01/18 Daily Summary

After a long and well-rested vacation, I'm getting ready to get back on the saddle. I wanted to enter my FEB position Today but was not filled in the 20 minutes window I had prior to starting my day at work. Tomorrow I plan on entering at least a few contracts. I'm approaching this FEB position with caution, as I see things have been quiet during the Holidays, with a long up-trend that pushed vols lower and lower.. Also on my list of "watch out for" is the last few weeks with larger moves. But these are in contrast to the Holiday window, so take with a bit of grain of salt.

In any event, getting ready to roll. How has it been going for you lately? Anyone would like to share what they traded in JAN? I'd like to hear some perspective.



Anonymous said...

Hi Gustavo - great to have you back, we've missed you! :-)

Just traded small for Jan expiration (and will do for Feb).
For Jan I put on a couple of small ETF Backspreads which returned about 3% each and the usual Iron Butterfly on NDX which I took 9%. I also sold a Calendar on the /ES (SPX Margin is too much for selling Calendars) as the spread was over 2%. I have never traded this before and just did a 2 lot - this returned just under 11% so am very pleased!

All the best for 2011!


Gustavo's Trades said...

Hey Doodelzack, thanks for the kind words, it is great to be back! This will be an exciting year, I feel good about what I've accomplished in 2010, mostly about my consistency and persistence in working on my craft!

Good to see you had very good results with your JAN trades, congrats!!

All the best for you to in 2011!