As we’ve been mentioning in the Twitter stream, and as we updated members earlier in the day?
A ) The last of that NVDA trade expires today, the last spread I had on is exiting at a complete profit (The 1170 Call spread) … but net-net, we ended up -4.0 on that trade.
B ) Most everything else is in profit and …
C ) We sold the ETF’s we had picked up earlier in the week …
Selling 9 SPY at 521.62
Selling 28 QQQ at 445.07
Selling 107 TLT at 93.90
Selling 276 SHY at 81.76
Selling 12 MORE QQQ at $445.07
We bought back the TLT Call we had sold at a small -0.14 cent loss; making the net-net profit of the position somewhere towards ~$328.87.
We also closed down the MMM Trade profitably at 0.01, making that trade a total profit.
And remember, we have the benefit of the 4 week bills coming due here in a few days time.
The Weekly Note should be out this evening …
——-
Disclaimer: None of the thoughts or posts at GTC Traders / gtctraders.com constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. None of the information providers or their affiliates will advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. GTC Traders simply writes such articles to delineate their thoughts for their own edification; as they allow ones to ‘look over their shoulder’ through such posts. All thoughts posted are simply individual thoughts as to process as of the time of writing, and are subject to change without notification to readers of this website. Stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of stocks and options may fluctuate, and, as a result, any trader may lose more than their original investment; especially in the case of the use of options. Any content on gtctraders.com should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make.