Day 44 Feb expiration
Well. the market was closed on Monday. So, getting a slow start to the year of trading. But testing.
Testing: Vcal 2030/2040 and VPut 1500/1450 (only 50-dollar spreads available).
Some notes about the market:
- Asia and Europe are slightly up. Could it be choppy with a slight up bias?
- Chart. Sideways action. Doji and hammers.
- Support 1722, Resistance 1776.
- Choppy but looks like a downward flag.
FILLED Vcall at 2030/2040 at 30 cents. Vput 1450/1500 at $2.00.
Remember the Gross numbers need to balance 5 Vcall contracts (10 dollar spread), and 1 Vput contract (50 dollar spread).
PS: Watch for the Jan barometer (first 5 days).