I was in Seoul, Korea over the last few days. It was a great trip except I strained my leg after walking almost half a marathon distance in a single day to cover few significant spots in Seoul.
Continue reading “Korea and Price Arbitrage (Part 1)”
Today is Mar 2016 Monthly Equity Options Expiration Friday. My result as per below:-
Performance in Feb-Mar 2016 (Mar 16 Expiration)
Continue reading “Performance in Feb-Mar 2016 (Mar 16 Expiration)”
As mentioned in one of the previous post, my view of the market is short term bullish and long term bearish. Base on Fibonacci retracement, $204.5 should be the next critical resistance level for SPY. However, FOMC meeting on Wednesday will decide the direction of SPY.
Continue reading “SPY mid term outlook”
Trade #7 – WYNN -> Captured credit $1.00. As long as WYNN does not trade above $90 on 15 Apr 2016, I will make $100.
Continue reading “Real Deal – Mar 2016 #7 #8 #9 (Open WYNN, AMZN, LNKD)”
I have few great conversations with few of my readers over the week and I would like to share my thoughts here. I will also provide an update on my existing positions; 1 outstanding XLE and few trades opened yesterday while I was sleeping.
Continue reading “More thoughts on Option Trading & Position update”
I did an adjustment last night against SPY & WYNN as SPY breaks above 195 decisively and rallies all the way to form a long white candlestick.
Continue reading “Quick update on XLE, SPY & WYNN”