Recent content by aaroncapps

Got a signal to buy esh07 1415 calls. First offer was 3.30, will hold this till right before expiration.

Well both these options were a bust. the first bid on the 1440 ESH07 call was .50 which would be a loss of 12.50 pts or $625. the second option 1455 call was at .20 which would be a loss of 5.8 pts or $290. While the trade itself was a bust, i like that by using options, i can pick an option...

Had a long signal this morning at the open. Based on the es open of 1439, i'm paper trading two options. 1. the closest out the money option of esh07 1440 call bought at the first offer at 13 pts. 2. a esh07 1455 call at 6 pts. If the market is going to go back up and finish the right part of...

The last bid before exp on the close of yesterday was 15. So that would make for a net profit of 9.25 points or $462.50 not including commissions. This makes for a return of 160.9% on the intial option premium. I will have to admit that i completely forgot about expiration until almost the...

buying another ES option, 1445 feb call, first offer was at 5.75, holding till next monday morning.

I completely agree with trading smaller size. No reason to rush to our dooms is there.

My pleasure. Thanks for sharing this idea. It's already become one of my favorites. Easy to see coming days-weeks ahead. Can be used by straight futures, or tons of options strategies. Even mix the two. Also something i am playing around with now, is position sizing based on other market...

While this FC's model has a great track record on futures for the ES and the YM. If i were to trade real money on it, I would strongly push and recommend trading options on it. Buying calls on this system allows you to have the unlimited profit of the futures contract, along with your risk...

closed out the ESG7 1435 Call this morning at 21.25 based on time and sales. As a recap, the entry was at the offer of 11.75, so that is a profit of 9.5 points per e-mini S&P options contract, or $475 US. 80% return on the premium, with a worst drawdown of 4 points. The actual ES futures...

pyramiding is actually using the open trade profit of a current existing trade to add more contracts. Scaling in means to say that you are just adding contracts to your position. The reason you add the contracts is not relative to the term or meaning.

does that mean you are scaling in as the market goes against you?

i will also be tracking trades placed earlier in the month following the same criteria. Here is an example of the code. if dayofmonth(d)>8 and dayofmonth(d)<11 then begin if c<o then begin buy("First")num contracts tomorrow at open; end; end; I first came across this when looking...

Thanks, i did make sure to quote the offer. Current bid ask is 10.75 bid 11.25 offered. So it is safe to say i was filled at my price.

applying to the es options For fun, i'm going to track the profit or loss of trading options on this. buying e-mini S&P 1435 feb calls at 11.75

as a follow up post, this strategy could be great for american style options. You could buy at the money calls that are close to expiration. As the option goes in the money, you would have an option that moves and behaves similar to the underlying futures contract, and if the position turns...