Friday, March 21, 2014

Chaching Friday 3-21-14

I like option expiration Fridays most of time when my positions are closed and I can really count the money. I have to remember " Don't count your money too early" in options. Always watch out for risks. I had my best week so far with all the monthly expiration. I am starting to form a weekly+monthly options selling system.

I rolled my last 680 wheat call to 720 May in the last hour of grains trading. Wheat dropped 9 points but didn't fill my timed order. After I rolled it then wheat trading actively before closing. I didn't want to take the chance. I was patient and followed my plan today which I am happy about it.

I got filled couple ES bull puts in the afternoon's sell off. I thought this quad witch Friday was going to be a trend day since it was up until 3pm. It hasn't failed to be wild so far. Got to keep it in mind.


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