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#11 CLK

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Posted 17 April 2018 - 09:08 AM

I think this breakout is probably going to continue. Added May 2nd 269 Calls. Not touching another dime of OTM.

If the Renko turns down I will close out.



#12 Geomean

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Posted 17 April 2018 - 11:50 AM

Might be done.  There was an hourly TDSEQh13 sell signal in the IWM at the .786 retrace from the March 13 high at this am's high bar. 


Opportunity knocks on your door every day-answer it.

#13 CLK

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Posted 18 April 2018 - 07:49 AM

I can't find anything consistently useful in standard options data, other than a rare instance like yesterday 

where both index and equity were opposite what was to be expected. That's a fade and so far, today 

looks to confirm.



#14 CLK

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Posted 18 April 2018 - 08:01 AM

The opex weeks really don't give much information other than if you short you will be 70% wrong. The week after 

usually has little follow through or is down, however the exception is like now, during a correction as in 2016, the

opex weeks were up a lot and lots of follow through coming off the lows in Feb. Also there was the big down week 

Aug. 2015 like last month.

 

 


Edited by CLK, 18 April 2018 - 08:04 AM.


#15 CLK

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Posted 18 April 2018 - 08:11 AM

Nearly 100% right if you buy the close on the down weeks.



#16 CLK

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Posted 18 April 2018 - 10:15 AM

Index P/C 1.74, added to longs, IWM 157 Calls.



#17 CLK

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Posted 18 April 2018 - 10:38 AM

Still at 1.59, up from 1.08 at the close. Rampant shorting and top picking going on. 



#18 CLK

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Posted 18 April 2018 - 11:44 AM

Long IBM, May 25th 149C. It filled the gap last qtr, believe it will again this time. Low risk.



#19 CLK

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Posted 18 April 2018 - 12:20 PM

Tight stop on IWM, not willing to take a drawdown, needs to keep higher into the close.



#20 CLK

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Posted 18 April 2018 - 12:34 PM

Tight stop on IWM, not willing to take a drawdown, needs to keep higher into the close.

 

 

Closed out.