Member
Posted 14 February 2017 - 04:16 PM
I have been short IT with one indicator lagging. If we move higher and my IT indicator that has been lagging moves more higher, then I will be forced to close my short position for a loss.
I also bought calls SPY 3/31/2017 $237 for $1.15 for the open tomorrow to hedge my short positon. Given what this VST signal has been doing I decided to try options to sell into in the morning.
I waited almost 2 months for this??
Volume Dynamics Specialist
Posted 14 February 2017 - 06:59 PM
Hint: Don't get short before GS tests that 250.70 all time high... It's gonna happen...
Today too many sellers at 250.00 to get one penny over it... tomorrow, maybe they gap it, we'll see.
And then after it is tested, I will patiently await for the inevitable signal from GS that it is DONE...
Whenever that occurs.
Member
Posted 15 February 2017 - 06:42 PM
I have been short IT with one indicator lagging. If we move higher and my IT indicator that has been lagging moves more higher, then I will be forced to close my short position for a loss.
I also bought calls SPY 3/31/2017 $237 for $1.15 for the open tomorrow to hedge my short positon. Given what this VST signal has been doing I decided to try options to sell into in the morning.
I waited almost 2 months for this??
Bid on calls is at $1.91
I will close them out in the morning
