TSLA off to an ugly start after turning support into resistance yesterday....
Edited by K Wave, 11 August 2020 - 08:33 AM.
Bulls Chant Into A Megaphone - 'All-Time Highs'
Started by
dTraderB
, Aug 09 2020 07:13 PM
203 replies to this topic
#61
K Wave
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Posted 11 August 2020 - 08:33 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#62
12SPX
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Posted 11 August 2020 - 08:34 AM
Well that was a nice pop overnight, love those radical fills one can get while sleeping! See how the day session goes, average short now 3364!!
Do you have a number or target for the SPX for the next option expiration cycle?
Thanks, gis
You mean this cycle or September?
#63
K Wave
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Posted 11 August 2020 - 08:34 AM
For bears, it is all about breaking and holding 268 on the Qs.
And then next step is to break and hold 440 on AAPL.
Do those 2 things, and bears could have quite a romp for a bit....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#64
gismeu
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Posted 11 August 2020 - 08:44 AM
Well that was a nice pop overnight, love those radical fills one can get while sleeping! See how the day session goes, average short now 3364!!
Do you have a number or target for the SPX for the next option expiration cycle?
Thanks, gis
You mean this cycle or September?
Both, if you are open to share.
gis
If you can't buy Happiness, STEAL IT!
#65
K Wave
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Posted 11 August 2020 - 09:02 AM
Qs taking another run at 268...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#66
K Wave
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Posted 11 August 2020 - 09:12 AM
SOX trying to make up its mind here.
Back below 2170, and bears likely have the ball back, and could start to get ugly
But if bulls can reclaim 2188 again, then stick save a real possibility...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#67
dTraderB
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Posted 11 August 2020 - 09:14 AM
NQ hedge long filled 10945
31 QQQ PUTS
13 SPY PUTS
1 CRUDE OCT short
1 CRUDE NOV PUT
will add more NOV PUTs
#68
dTraderB
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Posted 11 August 2020 - 09:15 AM
Well that was a nice pop overnight, love those radical fills one can get while sleeping! See how the day session goes, average short now 3364!!
LOL
when asleep I am not tempted to wait for fills... who knows or cares what the hell is happening when you are asleep, let the market come to your fills,
#69
12SPX
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Posted 11 August 2020 - 09:18 AM
I don't have my September number yet but this month was 3400 initial and 3500 conservative. Sold the 3400's for $20.00, 3500's $7.00. Already took profits on my 2950 puts for $16, 2900 puts for $11 just in case we pulled back a week ago. I generally sell both sides at the same time but it depends on where the market is each cycle to see where I weight my trades. Its funny the 3400's are just now back to where I sold them this morning, I've traded them back and forth a few times and am reselling them this morning. This cycle is way to strong so far.
And out at profit stop of 3360 btw, look to start reselling a bit higher!!
#70
12SPX
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Posted 11 August 2020 - 09:20 AM
Well that was a nice pop overnight, love those radical fills one can get while sleeping! See how the day session goes, average short now 3364!!
LOL
when asleep I am not tempted to wait for fills... who knows or cares what the hell is happening when you are asleep, let the market come to your fills,
I know I do, the pajama traders are the best, easy to place, like 3370, 3375 etc. Never expect to get filled but why not especially where this market is lol!!
