#soybean $ZS_F : scaled in #naked #puts

Negative news for US farmers :
1.  China wants to produce more soybean.
2. Argentina's soybean crop is set to increase by 44% in 2018/2019. 

  Price keeps dropping. Contrarians have to endure more pain. Today I've added to the position. This is -No Pain No Gain- trade now.

Exec Time	Spread	Side	Qty	Pos Effect	Symbol	Exp	Strike	Type	Price	Net Price	Order Type
6/11/2018 12:13	SINGLE	SELL	-1	TO OPEN	/ZSU8 1/50 SEP 18	/OZSU8	910	PUT	7	7	LMT

#SP500 $ES_F #daytrading #algotrading : 12 points

I continue SP500 daytrading using the statistics-based algorithm. The algo has generated only one trade during the last 5 trading days. It was a successful trade, 12 points. The algo needs another 7 points win to fully recover from the big loss. Year to date in 2018 the algorithm generated 70 points per one emini contract.

#Uranium is going to beat #crypto

Today I had a chat with two young people. They literally are mesmerized by various #ICO and just don't want to see anything else. Well,  # Uranium is going to explode, so to say. In the followup post, an interested reader can find a reflection on the cycles in #PonzyCoin and #Uranium. 

#Uranium $URA spike : Judgment of Solomon

As a $URA trader, I want to take advantage of
1) high volatility, ~28%;
2) two 3+%  days in a row.

As a Uranium watcher, I want to keep the long position.

The Solomon's approach is to split the baby and put a strangle around half of the URA position.

Exec Time	Spread	Side	Qty	Pos Effect	Symbol	Exp	Strike	Type	Price	Net Price	Order Type
6/6/2018 15:24	SINGLE	SELL	-1	TO OPEN	URA	20-Jul-18	15	CALL	0.4	0.4	LMT
6/6/2018 11:33	SINGLE	SELL	-1	TO OPEN	URA	20-Jul-18	14	PUT	0.3	0.3	LMT

#soybean $ZS_F : naked put reentry

Whenever Donald Trump tweets the price of soybean goes down. After it, the price bounces back.  Let us use this opportunity to reload our winning naked puts trade. 

The cone shows one standard deviation move. 

910 Put 80 DTE (days to expiration); Buying power effect: ~ $600; Max profit: $140.

Exec Time	Spread	Side	Qty	Pos Effect	Symbol	Exp	Strike	Type	Price	Net Price	Order Type
6/5/2018 12:12	SINGLE	SELL	-1	TO OPEN	/ZSU8 1/50 SEP 18	/OZSU8	910	PUT	2.875	2.875	LMT

#silver $SLV : take $250 profit & new entries

I continue rolling credit put spreads in silver ETF SLV. This is an income trade where interest on the invested capital is collected instead of buying a dream of the unlimited upside. The closed positions yielded 10% in 240days.
In the wake of the coming liquidity crisis, the new entries were moved far-out in time to collect more cash aka premium.

Exec Time	Spread	Side	Qty	Pos Effect	Symbol	Exp	Strike	Type	Price	Net Price	Order Type
New entries
6/4/2018 10:10	SINGLE	BUY	6	TO OPEN	SLV	17-Jan-20	10	PUT	0.04	0.04	LMT
6/4/2018 10:10	SINGLE	BUY	1	TO OPEN	SLV	17-Jan-20	10	PUT	0.04	0.04	LMT
6/4/2018 10:04	SINGLE	SELL	-7	TO OPEN	SLV	17-Jan-20	16	PUT	1.49	1.49	LMT
Take profit
6/4/2018 10:00	SINGLE	BUY	7	TO CLOSE	SLV	20-Jul-18	16	PUT	0.62	0.62	LMT
Original entries were posted back in Oct,17
10/31/2017 10:45	SINGLE	SELL	-1	TO OPEN	SLV	20-Jul-18	16	PUT	1.09	1.09	LMT
10/31/2017 10:45	SINGLE	BUY	1	TO OPEN	SLV	20-Jul-18	11	PUT	0.04	0.04	LMT
10/30/2017 9:46	SINGLE	BUY	1	TO OPEN	SLV	20-Jul-18	11	PUT	0.03	0.03	LMT
10/30/2017 9:45	SINGLE	SELL	-1	TO OPEN	SLV	20-Jul-18	16	PUT	1.05	1.05	LMT
10/9/2017 14:38	SINGLE	BUY	2	TO OPEN	SLV	20-Jul-18	10	PUT	0.03	0.03	LMT
10/9/2017 14:32	SINGLE	SELL	-2	TO OPEN	SLV	20-Jul-18	16	PUT	1.06	1.06	LMT
10/9/2017 10:00	SINGLE	BUY	1	TO OPEN	SLV	20-Jul-18	11	PUT	0.04	0.04	LMT
10/9/2017 9:34	SINGLE	SELL	-1	TO OPEN	SLV	20-Jul-18	16	PUT	1.05	1.05	LMT
10/5/2017 15:15	SINGLE	SELL	-1	TO OPEN	SLV	20-Jul-18	16	PUT	1.21	1.21	LMT
10/5/2017 14:05	SINGLE	BUY	1	TO OPEN	SLV	20-Jul-18	10	PUT	0.02	0.02	LMT
10/4/2017 9:35	SINGLE	BUY	1	TO OPEN	SLV	20-Jul-18	10	PUT	0.03	0.03	LMT
10/4/2017 9:34	SINGLE	SELL	-1	TO OPEN	SLV	20-Jul-18	16	PUT	1.2	1.2	LMT

#macro #trend #SP500 $ES_F Naked Calls : entry #2

With 10 days left to expiration, the previous 2905 /ES naked call has about zero chance to finish in the money.  SP500 is having an uptrend day thus providing a chance to renew the short position. This is a macro-trend trade based on the idea that in rising rate environment SP500 has a limited potential for a rapid appreciation.  In this case,  theta decay is the right instrument to play around.

Exec Time	Spread	Side	Qty	Pos Effect	Symbol	Exp	Strike	Type	Price	Net Price	Order Type
6/1/2018 11:47	SINGLE	SELL	-1	TO OPEN	/ESU8 1/50 JUL 18 (Wk3)	/EW3N8	2915	CALL	1.1	1.1	LMT