This trade expired worthless for a full profit.   Order Summary Sell to Open 1 /ES 11/28/2025 Call 6860 Buy to Open 1 /ES 11/28/2025 Call 6870 Limit GTC @ 0.35 Credit (Total received: 0.35 * 50 = 17.50 before fees)    

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 →

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 →

We have a Labor Day today and the regular markets are closed. So I will be using futures options to trade this week. We will be using S&P eminis /ESU and open a new put spread with this Friday expiration.   Order Summary Sell to Open 1 ESU5 09/05/2025 Put 6330 Buy to Open 1 Continue reading →

Another day for the market volatility and uncertainty. Last week we were selling the whole week just to jump up on Friday thanks to Powell, though he didn’t say anything that was not already expected. Surprisingly, our little Hitler is now turning the country to socialist state owned system – he is now buying Intel, Continue reading →

We are opening a new Iron Condor trade. I am trying to stay as far away from the market as possible since this week we will have some economic data released and it may shake the markets until our economic idiot replaces people responsible for collecting the data and creating reports with his yes-men. Our Continue reading →

Another day in idiocracy. The markets seem to be calm despite the Orange turd destroying it with his ignorance while his minions are applauding to it. Let’s hope this will be a week without a crash. I am opening a new Iron Condor: Order Summary Buy to Open 1 SPX 08/11/2025 Call 6590 Sell to Continue reading →