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Strategies & Market Trends : General market lab and commentary -- Ignore unavailable to you. Want to Upgrade?


To: Robohogs who wrote (64)1/26/2016 12:14:59 AM
From: Robohogs  Read Replies (1) | Respond to of 668
 
Oh btw, seeing data that retail sales growing 2-3% real last year and wage growth similar, highest except early part of recovery on wages. Wages usually weaken into recessions. So recession not terribly likely here.



To: Robohogs who wrote (64)1/27/2016 9:54:02 AM
From: Robohogs  Read Replies (1) | Respond to of 668
 
I wish I had done the 94/100/100/106. I am out of the trade at $3.80 after collecting a bit north of $4.20. All in, on 25 contracts I made between $1.1K. Some guy who bought the same trade - I sold it - was claiming a win. I am not sure how as he was claiming the win $2 higher if I had exited closer to open, I might have made $2K but wanted to give the trade a chance. When it looked headed for a loss, I closed out to preserve a win.

$1100 on $4500 max loss works for me.

I will come back later in week with 1-2 more earnings plays.

Jon