1st Post

Welcome, 1st time blogging so we'll see how it goes. Christmas Eve. Spent it watching Chiefs football and working up some defined risk trades on SPY, QQQ, IWM & TLT using Iron Condors and vertical spreads as well as some calendars on CMCSA, JNJ & CSCO as volatility is being squeezed out of the markets with the Vix @ 20.64 and heading lower. SPY at 126.36 is just above the 200 day MVA so looking for a break to the upside next week if the January effect is going to be in play. Game plan has been to trade the SPY ranges as it has channeled between 120 and 126. If cannot break above the 200 day will be my signal to skew back to the short side and look for volatility to spike up. I generally  want to sell volatility above 25 and buy below 20. Right now, most new trades geared towards January expiration are calendars using either guerrilla or campaign spreads. What ever works!