Monthly Archives: January 2017

1-12-17 – Trading Strategy

1-12-17 – Trading Strategy

Current Positions



12/21/16 5 VXX (VIX) Jan 20 $20 CALLs @ $4.05 ($2,025 Postion Size)
1/9/17 – RUSL (Russia) @ $104.00 ($10,400 Position Size)
1/10/17 – ERY (Inverse Energy Exploration Companies) @ $9.09 ($10,592 Position Size)
1/11/17 – 10 AMZN (Amazon) Jan 20 $835/$860 Vertical Call Spread @ $.80 ($800 Credit)

Positions I’m opening


Buy EDC (Emerging Markets) Limit @ $58.00 ($14,500 Position Size)
Buy EDC (Emerging Markets) Stop @ $60.10 ($11,129 Position Size)

when filled…

Sell EDC (Emerging Markets) Limit @ $64.00
Sell EDC (Emerging Markets) Stop Limit @ $52.00

Positions I’m selling


Sell 5 VXX (VIX) Jan 20 $20 CALLs @ $8.00 97.53% or ($2,025 Profit)

Sell RUSL (Russia) Limit @ $117.00 12.5% or ($1,300 Profit)
Sell RUSL (Russia) Stop Limit @ $89.00 14.42% or ($1,500 Loss)

Sell ERY (Inverse Energy Exploration Companies) Limit @ $10.75 8.75% or ($921 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $8.50 14.05% or ($1,489 Loss)

Buy to close 10 AMZN (Amazon) Jan 20 $835/$860 Vertical Call Spread @ $.40 ($400 Profit)

Today’s Update


Market Snapshot 1-11-17

Today looked bullish by the close, but intraday activity was all over the board. Much of the day was negative for most ETFs, but there was a game ending green across the board. Despite all this movement, I only have one market that I want to get into and that’s EDC (Emerging Markets) for tomorrow.

Sold TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $22.00 11.22% or ($2,085 Loss)

After more than a month, TMF (20+ Year Treasury Bonds) went high enough to cause TMV (Inverse 20+ Year Treasury Bonds) to drop low enough to hit my stop. Now to wait and see if TMF will make an official rebound. I seriously doubt it will and may look at TMV again in the near future.

TMV 1-11-17

Positions I’m opening


Buy EDC (Emerging Markets) Limit @ $58.00 ($14,500 Position Size)
Buy EDC (Emerging Markets) Stop @ $60.10 ($11,129 Position Size)

when filled…

Sell EDC (Emerging Markets) Limit @ $64.00
Sell EDC (Emerging Markets) Stop Limit @ $52.00

EDC broke the key $58 resistance level which has held for the two months. With this breakout above the triple moving average, resistance level breakout, I’m ready to buy. Since I missed out on UGLD (Gold) by putting in a limit order exclusively, I’m doing a OCO (Order Cancels Order) on this one to ensure I get a fill tomorrow.

EDC 1-11-17

Positions I’m selling


Sell 5 VXX (VIX) Jan 20 $20 CALLs @ $8.00 97.53% or ($2,025 Profit)

Volatility still remains low. We are now pennies from the 10 year lows in volatility. Patience is the key here.

VXX 1-11-17
Sell RUSL (Russia) Limit @ $117.00 12.5% or ($1,300 Profit)
Sell RUSL (Russia) Stop Limit @ $89.00 14.42% or ($1,500 Loss)

Great start to my RUSL (Russia) trade with the move higher today. Crude oil went higher which hit ERY (Energy Exploration Companies), but with the volatility in the market I should be able to see some divergences in these two trades.

RUSL 1-11-17

Sell ERY (Inverse Energy Exploration Companies) Limit @ $10.75 8.75% or ($921 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $8.50 14.05% or ($1,489 Loss)

ERX (Energy Exploration Companies) made a full retracement of yesterday’s move and is threatening to enter back into it’s triangle consolidation. My stop has been put out high enough to account for this, but this isn’t what you like to see the day after trade entry.

ERX 1-11-17

Chart and orders for ERY (Inverse Energy Exploration Companies) for tomorrow

ERY 1-11-17


Buy to close 10 AMZN (Amazon) Jan 20 $835/$860 Vertical Call Spread @ $.40 ($400 Profit)

  • Buy Jan 20 $835 Call
  • Sell Jan 20 $860 Call

First, let me apologies for the mess of an email I sent out intraday. I mislabelled the credit spread @ $1.25, but that was only for the short half of the leg. The total spread was $.80.

Also, I was looking at the $840/$860 but decided to push it to the $835 level to get a slightly better credit.

The official trade was Jan 20 $835/$860 as you can see from my screenshot of my order confirmation here.

amzn_order-1-11-17

AMZN 1-11-17

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1-11-17 – Intraday Update

1-11-17 – Intraday Update

Sold to Open 10 AMZN (Amazon) Jan 20 $835/$860 Vertical Call Spread @ $.80 ($800 Credit)

Amazon is having a bullish day so I’m asking .80 vs the current ask of .75 for the spread. I should get filled if it ticks up a bit higher, but if it’s within reason, I will drop my price near market close to ensure I get filled.

This is similar to my recent order, but a week further out. Global markets aren’t showing as much strength today and a day or two of slowness could be all I need to get this filled for a 50% profit.

AMZN 1-11-17

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