JLJ002500

Message Follow Following Unfollow
About me This site is to document my personal trades & analysis. I am not attempting to prove anything or sell myself. I document the good & bad. I'm focused on continual improvement. Comments are welcomed. Take a moment to share your thoughts or questions.
Joined United States
Markets Allocation
85 % forex 14 % stocks 1 % indices
Top Mentioned Symbols
EURUSD 16% | 38 EURGBP 12% | 29 USDJPY 10% | 26 GBPUSD 6% | 15
JLJ002500 JLJ002500 VXX, 1D,
VXX: VXX - Call Credit Spread - Trade Journal
90 0 2
VXX, 1D
VXX - Call Credit Spread - Trade Journal

After the fact. Personal trade record. Closed position (limit order executed) today that I opened on 4/3. Opened on 4/3 for $1.40 credit CREDIT: $140 MAX POTENTIAL LOSS: $500 - $140 = $360 44 days till expiration, but had no intention of holding till expiration. Ideally, wanted to close position within 25-30 days. Entered a limit order to close the ...

JLJ002500 JLJ002500 NZDUSD, 1D, Short ,
NZDUSD: NZDUSD - Short, but needs to break through current support
24 0 1
NZDUSD, 1D Short
NZDUSD - Short, but needs to break through current support

I'm short at .71950. There is a support price needs to break through. If not price could retest resistance. Because of this, I have a fairly narrow SL. If price is unable to break through support, a rebound would allow a better entry price. The Weekly chart below indicates the justification for this short trade. ...

JLJ002500 JLJ002500 USDZAR, 240,
USDZAR: USDZAR - A pull back would make for a great long entry
59 0 1
USDZAR, 240
USDZAR - A pull back would make for a great long entry

A pull back would create a great long entry. I'm expecting a pullback before the ~12.19 resistance area is tested. A would need a pullback to justify a long entry at this point. I would not recommending any short entry even though the R/R may be favorable. The yellow/green boxes are the ideal buy areas. As you can see, they make up quite a large area. The ...

JLJ002500 JLJ002500 USDCAD, 240,
USDCAD: USDCAD - short trade.
63 0 1
USDCAD, 240
USDCAD - short trade.

I'm using the 4H chart pinbar as main justification for short entry. Trade could be closed manually before TP. D: https://www.tradingview.com/x/4LSYol2Q/ Indications of pullback. Supports short. W: https://www.tradingview.com/x/1Ec9JTJr/ Last completed bar shows sign of pullback. However, current bar has not been able to push lower.

JLJ002500 JLJ002500 MNK, 1W,
MNK: MNK - Promising Opportunity  (High Time Value Puts)
46 0 0
MNK, 1W
MNK - Promising Opportunity (High Time Value Puts)

I think MNK looks interesting at this price. Price has been driven down. Could potentially continue to fall, but in long run, this could be a good potential buy opportunity. Time will tell. The IV% on short dated put options are much higher than normal. I sold a couple 3/2 $15P for .80/contract (3 days till expiration) B.E. (or purchase price if exercised) ...

JLJ002500 JLJ002500 USDZAR, 240, Short ,
USDZAR: USDZAR - Reenter Short Trade after pullback
48 0 2
USDZAR, 240 Short
USDZAR - Reenter Short Trade after pullback

I'm back in the trade. Short @ 11.65462, SL 11.69999 This is a continuation of my last trade with this pair. I have room to add to my position if I get a good opportunity.

JLJ002500 JLJ002500 EURGBP, 240, Short ,
EURGBP: EURGBP - short - trade journal
42 0 2
EURGBP, 240 Short
EURGBP - short - trade journal

Bearish price action. Opened short @ .88252. SL .8862 See Charts below M https://www.tradingview.com/x/ZRsxW3Ae/ W https://www.tradingview.com/x/VNBnKwX6/ D https://www.tradingview.com/x/ajG5RCVF/

JLJ002500 JLJ002500 DERM, 1D,
DERM: DERM - Put Options Sold
87 0 2
DERM, 1D
DERM - Put Options Sold

IV% for DERM options remains very high. I already have sold the 3/16 $25 Puts. I sold a couple more 3/16 $20 Puts. I will look for an opportunity to take partial gains on the $25P to reduce my overall risk exposure. 3/16 $20P @ $2.85 23 Days till expiration DERM $27.22 D: -.0051 G: .0043 T: -.0011 V: .0008 IV: 245.42% (vs 49.92)

JLJ002500 JLJ002500 ROKU, 1D,
ROKU: ROKU - Iron Condor, short 3 day expiration
125 3 1
ROKU, 1D
ROKU - Iron Condor, short 3 day expiration

ROKU options are selling at a very high premium (time value) due to very high IV%. To take advantage of the high premium I opened an Iron Condor. I chose an iron condor because I don't have a strong bias (bull/bear). This strategy provides a little more cushion whether it moves one direction or the other. I would have chosen a credit spread strategy if I did ...

JLJ002500 JLJ002500 USDZAR, 240,
USDZAR: USDZAR - Trade Journal
50 1 2
USDZAR, 240
USDZAR - Trade Journal

I didn't have time to post this yesterday. The chart shows when I entered the trade. The below charts are current charts, not from when I got into the trade. It's close to my TP. I plan on closing more than 1/2 of my position at the TP. I probably will keep a 1/3 open and adjust TP to ~11.5795. M https://www.tradingview.com/x/nxLpNElU/ W ...

JLJ002500 JLJ002500 DERM, 1D,
DERM: DERM - Selling Puts  - Opened Limited Orders
19 0 0
DERM, 1D
DERM - Selling Puts - Opened Limited Orders

DERM - expect volatility. Overall, bullish outlook. Could have significant swings. The options are so expensive right now it makes for an optimum to sell. I don't like either a credit call spread or any credit spread in this situation. Simply selling puts seems like the correct strategy. I've placed a limited order to sell 3/16 $25 puts at $5.6, mid ...

JLJ002500 JLJ002500 VXX, 1D, Short ,
VXX: VXX - Bear Credit Call Spread
123 7 0
VXX, 1D Short
VXX - Bear Credit Call Spread

This is purely my trading journal, not investment advice. Especially with the screwed up and questionable nature of these volatility ETF & ETN created products, risk is even higher. Trading options of one of these products is buying/selling derivatives of an underlying product that is based on futures of a derivative. I closed my previous call spread. Took ...

JLJ002500 JLJ002500 EURUSD, 15, Short ,
EURUSD: EU - Quick trade
87 0 1
EURUSD, 15 Short
EU - Quick trade

When you look at the charts, there are both a potential short and long trade set up for a short term trade. I preferred the short set up. For the long entry to be validated, need a 15M candle close above 1.22952 (breaking the double top on 15M). That also makes the short invalid. For the short to be validated, need one of the next 15M candle to close below ...

JLJ002500 JLJ002500 VXX, 1D, Short ,
VXX: VXX - Bear Debit Put Spread
101 0 0
VXX, 1D Short
VXX - Bear Debit Put Spread

Used some of the income received from Credit Call Spread to pay for a Debit Put Spread. While I rarely used debit option spreads, I think this might be a good situation to employ this strategy. I choose the 2/16 options (9 days), which is a short time frame for a debit strategy. Initially, I thought 9 days would be enough time, but it maybe too short even for ...

JLJ002500 JLJ002500 EURUSD, 60,
EURUSD: EU - Active Short
145 0 4
EURUSD, 60
EU - Active Short

Short @ 1.23877 See last post for more trade details.

JLJ002500 JLJ002500 USDZAR, 240, Short ,
USDZAR: USDZAR - active trade.  Short
62 0 2
USDZAR, 240 Short
USDZAR - active trade. Short

See Chart. (an related posts) Short @ 11.98745

JLJ002500 JLJ002500 VXX, 1D,
VXX: VXX - Risky bear credit call spread
75 0 0
VXX, 1D
VXX - Risky bear credit call spread

Opened bear credit call spread to hopefully take advantage of the high IV% and time premium. As long as market vol remains fairly stable for the rest of the week, I'll be in good shape. The very high time premium on short dated options means I am only at risk for a short period of time. It is atypical to be able to capture this amount of premium for options about ...

JLJ002500 JLJ002500 GILD, 1D, Long ,
GILD: GILD - Selling Naked Puts
82 0 1
GILD, 1D Long
GILD - Selling Naked Puts

$78 Feb 9th Puts executed at $2.10 L.T. bullish bias. GILD at support level. Time premium very high especially considering only 4 days till expiration. If price is ITM and shares are exercised, my buy price is $75.90. I can sell calls at that time &/or do a swing trade. D: -.4623 G: .1295 T: -.1534 IV%: 65% (versus 37.8%) ...

Show More Ideas 123456...14
Last visit
85
122
1651
Message Follow Following Unfollow
Last visit
4
0
0
Message Follow Following Unfollow
Last visit
0
0
2
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
2
0
0
Message Follow Following Unfollow
Last visit
2
0
8
Message Follow Following Unfollow
Online USA
7
23
141
Message Follow Following Unfollow
Last visit
6
0
39
Message Follow Following Unfollow
Last visit
3
0
0
Message Follow Following Unfollow
Last visit
8
0
38
Message Follow Following Unfollow
Last visit
4
0
13
Message Follow Following Unfollow
Last visit United States
17
0
69
Message Follow Following Unfollow
Last visit İZMİR/TURKEY
55
77
907
Message Follow Following Unfollow
Last visit
42
138
723
Message Follow Following Unfollow
Last visit
20
0
83
Message Follow Following Unfollow
Last visit
10
0
38
Message Follow Following Unfollow
Last visit
5
0
26
Message Follow Following Unfollow
Last visit
2
0
2
Message Follow Following Unfollow
Last visit Australia
1054
80
6952
Message Follow Following Unfollow
Last visit UK
3587
920
18310
Message Follow Following Unfollow
Last visit United States
288
89
1824
Message Follow Following Unfollow
Last visit
2750
55
9385
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit Canada
207
415
1212
Message Follow Following Unfollow
Last visit
111
488
4559
Message Follow Following Unfollow
Online
114
40
1764
Message Follow Following Unfollow
Last visit
47
7
417
Message Follow Following Unfollow
Last visit United States
334
824
7205
Message Follow Following Unfollow
Online USA
7
23
141
Message Follow Following Unfollow
Last visit United States
41126
467
142757
Message Follow Following Unfollow
Last visit
42
138
723
Message Follow Following Unfollow
Last visit
1345
70
6151
Message Follow Following Unfollow
Last visit İZMİR/TURKEY
55
77
907
Message Follow Following Unfollow
Last visit Germany
446
70
3168
Message Follow Following Unfollow
Last visit New York, USA
3343
466
14359
Message Follow Following Unfollow
Last visit Germany
1306
103
8982
Message Follow Following Unfollow
Last visit Tunisia
239
234
4208
Message Follow Following Unfollow
USDZAR
U.S. Dollar/South African Rand
Follow Following Unfollow
VIX
VOLATILITY S&P 500
Follow Following Unfollow
MON
MON
Follow Following Unfollow
USDCHF
U.S. Dollar/Swiss Franc
Follow Following Unfollow
AUDUSD
Australian Dollar/U.S. Dollar
Follow Following Unfollow
CELG
CELGENE CORP
Follow Following Unfollow
GILD
GILEAD SCIENCES INC
Follow Following Unfollow
EURGBP
Euro Fx/British Pound
Follow Following Unfollow
GBPUSD
British Pound/U.S. Dollar
Follow Following Unfollow
XIV
CREDIT SUISSE AG - VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN
Follow Following Unfollow
EURUSD
Euro Fx/U.S. Dollar
Follow Following Unfollow
BTCUSD
Bitcoin / Dollar
Follow Following Unfollow
DXY
US DOLLAR CURRENCY INDEX
Follow Following Unfollow
V
VISA INC
Follow Following Unfollow
EURJPY
Euro Fx/Japanese Yen
Follow Following Unfollow
NZDUSD
New Zealand Dollar/U.S. Dollar
Follow Following Unfollow
GM
GENERAL MOTORS COMPANY
Follow Following Unfollow
SUPN
SUPERNUS PHARMACEUTICALS INC
Follow Following Unfollow
SPY
SPDR S&P 500
Follow Following Unfollow
SPX500
S&P 500 index of US listed shares
Follow Following Unfollow
USDJPY
U.S. Dollar/Japanese Yen
Follow Following Unfollow
Market
Browse
Type
Browse
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out