TLT – 7/7/2016 This is another of the 24 hour momentum trades. On 7/7 TLT was trading at $142.02 and I decided to place the trade based off of the hourly chart instead of using the daily like I would normally do. I thought it would be alright because I had resistance at the 7 […]
Tag: Time Decay
GOOG Time Decay Spread Look Back Trade
GOOG – 07/01/2016 GOOG was trading at $699.98 and I felt it was reaching the top of its range. I decided to place a variation of a Bear Call spread to take advantage of that as well as time decay. On 7/1 I sold the $735 Call for $0.15 and Bought the $745 Call for […]
QQQ Time Decay Spread Look Back Trade
QQQ – 6/17/2016 I entered this trade at the same time as the one above, the correct way. The mistake I made on this one was I traded with the assumption that Britain would not vote to leave the Euro. I thought the market would slowly move up, which it did but only after it […]
XLE Time Decay Spread Look Back Trade
XLE – 6/16/2016 XLE was in a downtrend still trading above its 50 day moving average which could cause a bounce up but I felt there was strong resistance at $70.00 with XLE trading at $66.55. I decided to place a spread trade to take advantage of what I felt was a range bound security. […]
AMZN Time Decay Spread Look Back Trade
AMZN – 6/28/16 On 6/28 I decided to place a Put spread on AMZN. I really like these types of trades but they are very difficult to get into without taking too much risk. You need to be fairly certain that the stock is either in a stable range or moving down. An up move […]
MSFT Time Decay Spread Look Back Trade
MSFT – 06/17/2016 I debated not including this trade in the book but after some thought decided to include it. This trade is another debit spread trade where I am trying to take advantage of time decay. The problem is I traded this one backwards. That is what happens when you do not double check […]
SPY Spread Look Back Trade
SPY 06/03/2016 In addition to the SPY trade above I also traded one with a shorter time frame and with the short ‘in the money’. The one above I had about four weeks between the strikes. That gave me room to continue to sell against my Long position or the ability to wait for them […]
SPY Spread Look Back Trade
SPY 6/3/2016 I made one more SPY trade on 6/3/16 in order to show the difference in how different time frames and strikes worked on this type of trade. When I entered this trade SPY was at $210.48 and like above I felt that it was going to move down off of a retrace. On […]
SPY Spread Look Back Trade
SPY 6/3/2016 On 6/3/16 I decided to place a trade in the SPY to take advantage of time decay between two Call positions. The SPY was trading at $209.89 and I believed that the market would continue down from there. I sold the June week 2 expiration $211.00 Call for $0.59 and purchased the July […]
