155 replies to this topic

[12SPX]

This has been an interesting expiration cycle.  For the longest time the SP500 was in front of the 100 by 2% which is rare and now they are back in line but 3% ahead of where they should end this cycle so its interesting.  Highly doubt were gonna fall -3% by tomorrow morning but who knows guess anything can happen lol!!  Think it has something to do with it being a quad witch which will make next cycle really interesting!  There is still to much bullishness though as the June 3150 call yesterday closed at $10 and are only down to $5 this morning which is rich with really only 1 day to trade!  I'm taking my 3200 calls off for a nice profit around $30 as they are now trading under a $1!  Glad I took the 3120 and 3150's for decent profits off earlier as they are still rich in premium!! 

[dTraderB]

closed es long 7.5 points profit

[12SPX]

Starting to build a short at 3100!!

[12SPX]

And out for 5 points on my 3095 profit stop lol!!  Try again at 3100 when it comes

[12SPX]

Okay in for a short on the ES at 3100, cmon 3110 would love to hit from here!

[dTraderB]

Added 2 more SEP SPY PUTS

[dTraderB]

Could be wrong but this market running out of gas... on fumes....

[12SPX]

Well this is getting to be a fast market, my profit stop got hit again at 3095 for 5 point profit now back in starting at 3102 just like that lol!! 

[dTraderB]

if ES breaks above 3120 then I will change bias to long and increase NQ position size 

[dTraderB]

ES buy limit filled at 3094.5