[aby1818]

Just an FYI for those interested. I saw this, but I am not able to confirm:

President Vladimir Putin. The government in Kyiv must recognize the “people’s republics” of Luhansk and Donetsk and Russia’s sovereignty over the Black Sea peninsula of Crimea, the Kremlin announced in Moscow. In addition, Ukraine should be demilitarized and given neutral status, according to a statement in a phone call between Putin and Venezuelan President Nicolás Maduro.

If that is true, could be a starting point.

[aby1818]

Teddi, can you give us some insight on how the market will act on what is happening in Russia with Ukraine. I am also open to any opinion any members may have. I do wish all people of Ukraine well and be safe in this difficult time. Thanks. Alvin

[aby1818]

Yes, I guess Ukraine still want to get into NATO. Volatility will be with us. Thanks. Alvin

[aby1818]

Thank you. Alvin

[aby1818]

Teddi, there is a rumor that Ukraine will not seek to join NATO, to avoid war. https://www.bbc.com/news/world-europe-60370541.amp Alvin

[aby1818]

Teddi, yes, it was for intraday trade.

[aby1818]

Teddi, thank you. Will look at placing those trades. Alvin

[aby1818]

Teddi, when selling calls when I have the short put. Do I do a credit call spread or just sell a naked call. Would I need additional capability when doing the call? Thanks. Alvin

[aby1818]

Anyone else here doing the SPY daytrade. I love to hear your experience and results. I will be taking a closer look this weekend and probably try in on Monday. Alvin

[aby1818]

I was able to roll mine AMD down today. I rolled all my other holding out another week. This is beginning memories or 3/20 where we get limit down every night. Do you see that in the near future. I can see we are close to 10% down on S&P from ath. Any chance of this bottoming soon. Any insights would be appreciated. Alvin

[aby1818]

I think AMD just got downgraded.

[aby1818]

Well do. Might get that opportunity. Thank you. Alvin

[aby1818]

What strike did you roll that 133p to? I rolled mine to 130s. It’s in the money now. I also hold the 127s. Hope it can bounce back to 130+ on 1/21. TIA.

[aby1818]

Can you provide an example.

[aby1818]

Thank You. Alvin

[aby1818]

Teddi, the problem is I don’t use excel on my computer. I am not able to use it. Am I missing something? Thanks. Alvin

[aby1818]

Thank you, Teddi, well do. Alvin

[aby1818]

I think it’s an over-reaction too. It close at 205. I also sold the 195 strike today for this Friday. I got my finger crossed on my 202.50 and 205 expiring this Friday.

I see you are holding FB, MA, and V. For me, it’s DIS. My worst strike is 167.50. The bulk of it is at the 165 strike. I hate rolling things out too far. I am hoping for an end of the year run. I am rolling them across at the same strike hoping for a run to get me out from underneath it, for a credit. So far, I been able to. I am going from week to week, if I can, and see what happens.

I was stuck in an MA trade a while back. Luckily, it ended well with a profit.

[aby1818]

Teddi, I don’t know how to get this info to you. I have gotten response to the Forum and not posted. Just an FYI. Alvin

[aby1818]

This is my trading account. I have about 100k in it. I do use margin. I try to generate an average of $500 – $700 a week.

I do trade options on a small retirement account. Since no margin is allowed. I am not as concern with assignment. I would just roll and roll until I get assigned or expire. I do pick stocks I don’t mind owning.

The majority of my retirement account is in no load mutual funds. I just look at it, that’s about it. It’s strictly in S&P 500 and Total stock Market Index Funds, with about 15% in international market.

I do use my trading account for living expenses at times, to supplement my retirement income. I am not at RMD age yet.

This week, my only risk is V, all my other puts should expire as it should. I do have one other that could be close, AMD.

Teddi just posted V trade today. Now I am really concerned. She bought puts on V. I am still hoping it to expire. The options tables leads me to believe we could see 225 tomorrow. We will see, if not, I am looking for a roll down with a credit, if I can get it. I normally try for as big a roll down as possible for a credit or a small debit, because I usually want to be out of the trade as soon as possible.

I got my fingers crossed for 225 tomorrow.

[aby1818]

Hey, thanks for the input. I sold V at the beginning of the week, thinking 225.5 would hold. I always try for weekly if I can. I try not to go too far out in time with my puts. I only netted .25 on the spread. I am not brave and do atm puts, but I did do the MSFT 305 like Teddi did. One of the few out of the money puts I hold. I keep looking for news on V, but don’t really see anything bad out there, other than, bnpl, hacking on MA, and the slowing of travel. V is off of today’s low. I am hoping my 222.50 will have a chance to expire. I usually don’t like to roll early, unless I am concern with assignment. Let’s see how it plays out. Good luck on your trade.

[aby1818]

Thanks.

[aby1818]

Thank You.

[aby1818]

Thank You.

[aby1818]

Nice trades.

[Author]

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