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Updated May 26, 2022
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July 11th, 2016, 09:32 AM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
I increased my short positions for the KCU C180 and CTZ C75 to normal position size. COT data for both commodities look bearish , and the USDA Report on Tuesday should reflect the jump in planted acreage for cotton from the June 30th update.
Best regards, Myrrdin
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
July 11th, 2016, 10:40 AM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
Bought back approx. 50 % of my ES puts with a profit of approx. 40 % to reduce my exposure.
Sold a small lot of the ESU C2200 according to Carleys suggestion.
Best regards, Myrrdin
July 11th, 2016, 01:26 PM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
@myrrdin
Would it be OK if I posted my actual trades?
Ron
July 11th, 2016, 01:30 PM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
ron99
@
myrrdin
Would it be OK if I posted my actual trades?
Ron
Yes, of course, I would appreciate it.
Everybody is highly welcome to post and discuss own trades or trade suggestions, regarding short options on futures.
Best regards, Myrrdin
July 11th, 2016, 01:51 PM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
Back to selling ES puts.
Sold EW3v16p1650p1550 spread on 6/29/16 for 3.75. Traded out of them at 1.85 today. 12 days held. Using 6X made 7.4% monthly ROI or 2.9% actual ROI.
I'm still deciding if I want to use this 1 to 1 short to long strategy strikes 100 apart or something else.
Replaced these with EW3v16p1700p1600 spread that I sold for 2.20.
I also have on EW3v6p1675p1575 that I sold on 7/7 for 2.90.
July 11th, 2016, 03:07 PM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
July 12th, 2016, 12:14 PM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
Bought back the cotton calls at a loss of 90 %. The reaction to the USDA report that I expected bearish or neutral was bullish .
Best regards, Myrrdin
July 13th, 2016, 09:48 PM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
July 14th, 2016, 01:29 PM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
Bought back the rest of my ES puts at a profit of 45 %, and sold the EWV P2050 instead.
Sold the ESU C2135 according to a suggestion of Carley.
Both positions approx. have the same value. Thus, I now hold a strangle in the ES.
Best regards, Myrrdin
July 15th, 2016, 07:53 AM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
Coffee hit the stop, and I bought back the call options (U and Z) with a loss of 70 %.
Best regards, Myrrdin
Last Updated on May 26, 2022