Ok, If bears come out, that's ok. Just click BUY.
We got one exactly more month to play before May.

Hmm... I didn't notice it. Now that AAPL has joined Dow, I wonder what happens if AAPL moves big in either
direction. I think Dow will be very volatile in the coming months.

Wow.. last check, the dollar index back off from highs of the week 100.71 to 98.70 this week yet the Ringgit continues to slide from 3.68 to 3.71. I'm not so sure if the dollar strength that causing Ringgit to slide anymore.
Singapore dollar to USD hasn't move much.

Why? Any pending news?

No trading for me tonight.. can't get off work to look at the market.

Did you let out the bears? SP500 lost 50 pts in two days.

Big thanks to the Saudi airstrikes, Oil prices jumped back above $50.

Still got some XLE left. Going to let it ride up.

which contract is that?

Naked calls? Well, traditionally April/May period is when market usually weak (you know - sell in May mantra).
Do be careful here.

Anyway, good luck! I hope they will work out for you.

The support for SPY @ 201-202 still there. I think I'm going to sell PUTs to see if I can get it.

This post has been edited by danmooncake: Mar 26 2015, 11:25 PM

We need more airstrikes.. for oil to go back up.

I hope not. 50% for SP500 is HUGE!...
That's like another calamity of world recession.

Someone please send more airstrikes to Yemen. I need XLE to go to $80 to get more profits.

This post has been edited by danmooncake: Mar 27 2015, 10:39 PM

Bears got pummelled again...

But, that's ok as long as XLE is heading north.

Nice bulls! Sold some calls against the commons - just to pocket some extra money for this short week of trading.

Waah... can't believe the oil bulls light up the fires for XLE as well. Thank you very much!

XLE keep pushing higher.. no matter what they say about Oil inventory and topping out.
$80+.. ka-ching here!!

Anyone here still eyeing AAPL for trade (or investment)? It's been some time since I last touch this fruit company.
The support around $120 is quite good here.

Still got some commons left from 6 months ago but going to hang to those since they were
around $100 a piece at that time.

Wmk,

Taurean is correct, your broker could ask you for more funds in your account if current
price drops below your base spread but every transaction you make could also
eat your transaction cost.

Some people keeps rolling them out to future date to keep them from assignment.. hopefully prices will
rise above your base price.

Also, you don't have to necessarily trade with SPY. It seems that DIA and QQQ also quite liquid in terms of options play and they tend to follow sp500 (in terms of percentage move) and their commons are cheaper.
If you're option sellers, those weeklies are good to earn income.

Haha.. quite right. I must be one of those old people. I still wear my old Omega analog watch.
Eventho, I got AAPL stocks, I don't own any AAPL products.

What's you think of the fake ones (made in china, where else? ).

https://www.yahoo.com/tech/s/china-knock-of...82--sector.html

Lots of pirates taking advantage of releasing clones to roll in some cash.

I'm waiting for the next (self-driving) electric car ..
Will they beat Tesla to it?