• Found a pretty good system for getting overnight drops on MSFT. Need to start playing straight puts.

  • An exact repeat of last Friday – the same mixed timeframe signal! Last week I went with Calls and lost. Today I went with ITM Puts.

    • Got burned again. This time the % and $ amount was larger on the loss because I went ITM. Two things – I noticed something when I was buying the puts that I need to keep an eye out for. It could have either been coincidence or it was a signal that I was going the wrong direction. 2nd, I think I have something else to check when I have these… Read more

    • So now that I’m into my second month, I’m going to start playing a larger position size. For Tuesday I had another timeframe conflict – the larger timeframe had Puts, the smaller timeframe was Calls. With GG being all Calls, I decided to play a 1/2 position and go with Calls.

      • Small loss. If I would have waited another 5 minutes I could have had an 8% win. But not enough overnight movement for either calls or puts to really pay. So this mixed signal played out better than the last one.

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        Tedh98 posted an update 2 years ago

        2 years ago (edited)

        Was driving to Alabama Friday afternoon and pulled over right before close. Wasn’t going to take a trade over the 3 day weekend but the 20UTD signal has done well.

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