9/25- Crazy Good!!!

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Last Night I pulled out a chunk of money from my acct for Sept/Oct living expenses. Many of my trades popped up in value, and I put on a primo trade this morning.


Last Night I pulled out a chunk of money from my acct for Sept/Oct living expenses. Many of my trades popped up in value, and I put on a primo trade this morning. So when all was said and done, I paid for last months living expenses in a morning. I have never experenced that before. Ahhhh, how good that feels. Unbelievable!!
I feel like dancing!!!

The market was off this morning, it shook loose some of my calendar spreads (finally).
UTHR – 3 units Jan/Feb – for .10. The best part about this trade was that the mid-mark price was .50. I turned around and sold a unit for .45, in filled in about 30 minutes. That made this trade essentially free at this point.
DGX – Sold the last unit for .85. There is M&A talk and the underlying was at the Breakeven. I sold these at a premium to the breakeven. It was an excellent trade!
MER – Sold 1 unit for 1.95. I am in profit mode on this trade now.
TRB – Exited 2 units for .10. I purchased this calendar for an ave credit of .08. With the Merger news in this stock I am willing to take it for a credit, then sell it tight to the parity mark. Very Nice trade.
I am looking at shorts in GOL and JOE
My new directional strategy, buy a stock on a long breakout with a Call Ratio Backspread at a relatively low volatility, then watch it reverse on me (like most of my directional plays have been), and make money because the strategy is more potent than I am. LOL… hilarious trading.. Buy MER with a long call backratio spread at 78.49 (spread price -2.27), now it is @ 72 (spread price -1.95) and I still made money. Hahahaha.

Some people have way too much time on their hands. Snowmen hunters episode 27. This is awesome

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