Anyone scalping the FTSE Futures??

[itspossible]

I'd say quite a bit higher than average?

I normally trade anywhere from £2/point to £10/point on the ftse - when I have pyramided in I've gone as high as £300/point. Unintentionally I traded £500/point on the ftse when I switched from spreadbets to CFDs, that cost me £6k in a few seconds :/

Biggest intentional dax trade was 10 contracts, so 250 EUR/point, I held onto that trade for about 7 points then bottled it

The closer ftse gets to 6000 (or dax to 10500) it's my intention to be buying multiple high value call options (via CFDs and spreadbets) with the intention of riding the coattails of any possible "santa rally "- I aim to document them on this thread.

I'm really getting into options and would welcome any input from others who use them to trade the indexes...

As long as you are in your comfort zone thats the main thing.No stress

 

[itspossible]

I'm a very small fish. compared to that

Some of you guys are beasts on here - in a good way

Sometimes its best to only trade a small account.
Saves you from yourself.
Several have been there

 

[postman]

IG wall St 17,650 weekly calls 48p

See what they are on Friday @9pm.

 

[postman]

ig wall st 17,650 weekly calls 48p

see what they are on friday @9pm.

36 / 48

 

[postman]

S&P cash 2054 early then a Rip.

 

[MichaelJohnFX]

A very nice swing long coming soon

 

[postman]

S&P cash 2054 early then a Rip.

5 more to go get ready.

 

[postman]

Dax coiling up lol - could get a massive dump to 10690 imho.

I didnt have a number for Dax but yours is looking good.

 

[postman]

Just my opinion but if your short Ftse Dax Dow this is your last chance before Christmas to close them.

Less than 30 minutes.

 

[MichaelJohnFX]

Just my opinion but if your short Ftse Dax Dow this is your last chance before Christmas to close them.

Less than 30 minutes.

100% agreed.

 

[postman]

I guess I'm not the only one thinking this way.

Mr TopStep ‏@MrTopStep 2m2 minutes ago
$ES_F $SPX $SPY 09:48:06 TRADINGDATA2: oppertunity to buy cheap weekly calls
09:48:20 TRADINGDATA2: (driley) buyers filtering back in

 

[MichaelJohnFX]

I didnt have a number for Dax but yours is looking good.

Give it about an hour I'd say...

 

[postman]

Looooooooooonnnnnnnnnnng everything.


HoHoHo!

 

[MichaelJohnFX]

Looooooooooonnnnnnnnnnng everything.


HoHoHo!

:clap::clap::clap::clap:

 

[postman]

I'd love to see the Dax close +ve today.

 

[f2calv]

Its early November... yet I don't feel very festive :/
Waiting for the blood to really make the streets extra slippy.

 

[postman]

Look at Daxy go.
60 points in 10 minutes.

 

[postman]

Boom !

 

[postman]

Ran out of (hot) air.

 

[f2calv]

...

Still running dax 10650 & ftse 6100 puts which expire friday pm, fingers crossed for an almighty tank so I end up the week at breakeven

Out of dax put for scratch, will re-enter at a better price if I get it, she was up nicely at one point but I was away on the phone. have to watch them like a bloody hawk.
Ftse put still running.

Opened up a couple of "Santa rally" calls, expiry December 18th;

ftse 6400 call @34.0 ask, 2.5 contracts (equiv £25/point) - max risk £850
ftse 6600 call @6.0 ask, 5 contracts (equiv £50/point) - max risk £600 (very OTM I know)

Will no doubt add a couple more calls if we drop further.

Bought some leveraged ftse ETFs for longer term.