Re: 05/01/2019 Live Update
Posted: Wed May 01, 2019 3:17 pm
Show us a chart of FB or AAPL. Let us see how you think. What you look at for trends, support and resistance, etc. Just chatting here on a quiet day.K447 wrote:Chart of what?JFR wrote: Show us a chart, K447.
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I mostly swing trade options on individual stocks with expiries multiple months out, sometimes LEAPS
I rarely trade the actual indexes, if I do it would be options, mostly put options. I use the indexes and sectors more as a monitor of the market climate and weather conditions, within which the individual stocks trade.
I sold a bunch of AAPL leaps circa October 2018 (I would have to go back and check the exact dates), then stepped aside. Managed to sit out most of the ensuing whipsaws, then started buying AAPL options again in late November, and bought more during late December when prices were getting rather stupid low. FB was also 'highly discounted' back then.
Eased out of all Facebook long calls last Thursday (they worked out nicely) but bought another smaller long call position yesterday. Something of a flyer for me, this current FB trade.