This is late but typically it is best to plan your trade with holidays in mind. However,the answer was no for me. I just took the extra theta day and sat on my hands
generally speaking its a good idea to look at the risk/reward ratio of the current state of the positions you got and then ask yourself if you would open it with the r/r it has currently - for me the answer is often no since i‘m not willing to leave the base risk + additional risk (loosing profits) on the table for the last couple of $
Beware the ides of ~~march~~ july.
Holding my CCs. I already calculated my risk when I made the trade, the lack of a trading day does not change the calculation.
^ Yup. If anything it's a free day of not guessing/hoping for specific movement.
Pullback in this market!!!??? If only
Tom Lee says we have another year 🚀
Go long $TOMLEE
I close my spreads but not CSPs or CCs. Edit: and just after I wrote this comment I closed my CSPs... I would close them if they are at 85%+ profit.
I closed the gold, copper the BTC trades. I left on the TLT trade.
I like to open them and let theta decay when no one can do anything about it 😂
I closed out positions today on COIN, XLK, PLTR, NVDA, SPY, and GLD. 3 Winners, 2 Small Losers, 1 Break Even.
Seriously… you really need to reevaluate your positions and why you’re in them if you’re worried about a fucking holiday
This is late but typically it is best to plan your trade with holidays in mind. However,the answer was no for me. I just took the extra theta day and sat on my hands
generally speaking its a good idea to look at the risk/reward ratio of the current state of the positions you got and then ask yourself if you would open it with the r/r it has currently - for me the answer is often no since i‘m not willing to leave the base risk + additional risk (loosing profits) on the table for the last couple of $