Order Summary Sell to Open 1 SPX 12/01/2025 Put 6630 Buy to Open 1 SPX 12/01/2025 Put 6620 Limit GTC @ 0.55 Credit
This trade expired in the money for a loss. The call spread short leg had a strike at 6845, the market finished at 6849.09. The short leg was in the money by 4.09 points making it a loss of $409. We collected 0.74 ($75) credit, so the total loss is $75 – $409 = -$334. Continue reading →
Another new week in the Absurdistan but the markets rally and we are taking advantage of it. We will be opening a new put spread and widening our legs. Before we traded $10 wide spread, now we will go with $15 wide spread: Order Summary Sell to Open 1 SPX 10/10/2025 Put 6570 Buy Continue reading →
We are opening a new Iron Condor this morning. Iron Condor gives us more flexibility to move strikes far away from the market as in this shitshow in the US you never know when the economy may collapse. So here we go: Order Summary Buy to Open 1 SPX 09/29/2025 Call 6820 Sell to Open Continue reading →
We are opening a new SPX put spread this morning. This week the FED is supposed to cut the rates and the chance is the market may rally hard, though this news is probably baked into the price already. We will see. Here is the trade: Order Summary Sell to Open 1 SPX 09/15/2025 Put Continue reading →
I started putting some money into Bitcoin (BTC), Ethereum (ETH), and two other coins. Yes, I never believed in crypto but yes, I changed my mind. I still treat crypto with enormous dose of caution and invest in it just for the sake of speculation. I am not a “hodler.” I tied my investing to Continue reading →
The markets were rallying yesterday and you may think: “See, you were wrong, we are good.” Well, most likely, we are not good. The markets rallied in anticipation of FED rate cuts. But cutting rates is not a good event. When the FED needs to cut rates, it means something is wrong with the economy. Continue reading →
Today the Bureau of Labor Statistics revised their job reports and you guessed it – down again. Who is Trump going to fire now? It is evident that Trump inherited good and booming economy (as was reported many times, the economy that the entire world envied us) and ruined it. Of course, what would you Continue reading →
Another day in Idiocracy of the United Sates and time to open a new trade to hopefully collect another credit that can be reinvested to a safer or aggressive utility like ICSH or TQQQ (depending on which idiot in our government opens his ignorant mouth; like Bessent last night blaming the FED for ruining the Continue reading →
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