is watching QQQ & SPY Options premiums explode while Trump is blabbering away in Cincinnati......
WHAT A DAY!
S&P Futures still falling to 2628 @ 4:05pm
A W E S O M E! Just awesome....
Started by
dTraderB
, Feb 05 2018 04:05 PM
7 replies to this topic
#2
boruseek
-
- Traders-Talk User
- 56 posts
Member
Posted 05 February 2018 - 04:09 PM
Yep, forced liquidation due to margin calls.
#3
fib_1618
-
- Traders-Talk User
- 10,145 posts
Member
Posted 05 February 2018 - 04:13 PM
is watching QQQ & SPY Options premiums explode while Trump is blabbering away in Cincinnati......
WHAT A DAY!
S&P Futures still falling to 2628 @ 4:05pm
Well...hopefully you're now back in the black.
Suggest you bank if and when you can...the highest premiums are N-O-W.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#4
ryanoo
-
- Traders-Talk User
- 660 posts
Member
Posted 05 February 2018 - 04:14 PM
is watching QQQ & SPY Options premiums explode while Trump is blabbering away in Cincinnati......
WHAT A DAY!
S&P Futures still falling to 2628 @ 4:05pm
He probably has no clue.
#5
Shaggies_View
-
- Traders-Talk User
- 139 posts
Member
Posted 05 February 2018 - 04:21 PM
Letting the short on March SPX Futures run .... 2760 was my line in the sand.
This could get very very very ugly ....
Shaggy
#6
alexnewbee
-
- Traders-Talk User
- 1,459 posts
Member
Posted 05 February 2018 - 04:33 PM
is watching QQQ & SPY Options premiums explode while Trump is blabbering away in Cincinnati......
WHAT A DAY!
S&P Futures still falling to 2628 @ 4:05pm
Well...hopefully you're now back in the black.
Suggest you bank if and when you can...the highest premiums are N-O-W.
Fib
really?
That is why we have 2603 now?
Hold on to your seet 
That is wave 3, no?
"we do G.d's work" Lloyd Blankfein
#7
fib_1618
-
- Traders-Talk User
- 10,145 posts
Member
Posted 05 February 2018 - 04:36 PM
is watching QQQ & SPY Options premiums explode while Trump is blabbering away in Cincinnati......
WHAT A DAY!
S&P Futures still falling to 2628 @ 4:05pm
Well...hopefully you're now back in the black.
Suggest you bank if and when you can...the highest premiums are N-O-W.
Fib
really?
That is why we have 2603 now?
Hold on to your seet
That is wave 3, no?
Yes...really...your option premiums are ALWAYS the widest at the end of wave 3 and diverge with wave 5.
Look for a strong reflex rally tomorrow.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#8
viccarter
-
- Traders-Talk User
- 1,825 posts
TRIN_Rida
Posted 05 February 2018 - 05:19 PM
Fib I got to hand it to you, you finally sat down and grabbed a chair before the music stopped. I thought for sure it was gonna catch u like it caught so many. To be honest, I don't feel sorry for any of them. They got what they deserved -- wiped out. Everybody was a market expert in January. The quarterly was completely outside +2SD! Yeah we are probably setting up for a bounce, but this might have been what it took to break this thing. We are still so OB on the monthly that it will take months/years to work this off.
Also Atilla really hit this one out of the park too -- devestating.
