I think you missed the whole point of what I said the last few days and again in today's recap. What I add or close is of no importance to you. What is important is my table of data which you're supposed to be learning how to use to better your own trading. That is why I stopped posting what I do because too many think it's going to be this easy just copy James thing and it shouldn't be. This is about learning how to trade. One day I will be dead or close this substack and then what? You won't know how to trade? I want people to learn how to do it on their own, using the information I provide.
It was after 2 the day doesn’t matter. I manually input these trades. I cut off at 2 to start writing the recap. It does and those are the handful I note everyday
I don't understand why someone would sell a put deep in the money. Could you please explain the rational for that trade. Why wouldn't one just buy the stock?
"Almost instantly the equity took off as you can see below. That’s what tends to happen when large blocks of puts are sold."
I wonder how do you consider if something is large there. Any specific metric?
In your portfolio book you post, how do we know what new names or positions you added today ?
I think you missed the whole point of what I said the last few days and again in today's recap. What I add or close is of no importance to you. What is important is my table of data which you're supposed to be learning how to use to better your own trading. That is why I stopped posting what I do because too many think it's going to be this easy just copy James thing and it shouldn't be. This is about learning how to trade. One day I will be dead or close this substack and then what? You won't know how to trade? I want people to learn how to do it on their own, using the information I provide.
Ok fair, thanks
2023-03-15 14:16:20 BOUGHT DOCU PUT 2024-01-19 310 270 55.45 386.93 ---|O-- OPENING PHLX-TRADE 2310 425 0.00 32,182,500
Did you see that large put buy for DOCU on 3/15? 32 million? I got that from fintel.io
Sure but that was after 2 pm, I start writing my recap at 2 so I don’t follow after
It was days before, shouldn't your DOCU summary capture it?
BTW does the size matter in you're thinking?
It was after 2 the day doesn’t matter. I manually input these trades. I cut off at 2 to start writing the recap. It does and those are the handful I note everyday
I don't understand why someone would sell a put deep in the money. Could you please explain the rational for that trade. Why wouldn't one just buy the stock?
Because there is a little downside protection if it dips plus all the upside if it recovers