What I Am Buying Today.

[fenders53]

(09-17-2021, 07:33 AM)NilesMike Wrote:

(09-17-2021, 12:21 AM)fenders53 Wrote: Mike

Take a look at that IWM chart.  It won't be hard to see where I am trying to enter.  It's been annoying watching my long shares stuck in that channel so long but swing trading on the side has been about as easy as it gets.  I definitely want all my long shares in soon.  It will break out eventually.

I didn't mean to imply just buy now.
I meant to go all in when it suits you, i.e. puts assigned. Don't sell a portion and another and another at different times unless you never get assigned (a high class problem-LOL)

Not to count my chickens yet but second iteration of SPY and IWM puts expire WED-FRI.  I am very close to in the money now.  I think I will let them assign if that's how it goes.  First options just didn't give up extrinsic value until a couple minutes before close.  Anyway I may get back in 3% better off.  There's a little blood I didn't spill.  We'll see how it ends. 

I'd like to do the same with QQQ soon but I'm not feeling 100 shares until FAANG gets a proper haircut lol.