136 replies to this topic

[dTraderB]

Closed nq hedge long + 141.5
Flat hedge nq
Will reopen later....

Will OPEN NEW SPY PUT position in LT PORTFOLIO as partial hedge of LONG EQUITY holdings

Will add QQQ PUTS TO existing 13

[dTraderB]

Jerz, only 4 SPY NOV PUTS OPENED...then down...
RALLY RALLY RALLY... for at least 2 days!

Edited by dTraderB, 09 September 2020 - 08:52 AM.

[12SPX]

Profit stop now 3375!!  Just a note since this is www, with expiration the following Friday so far we are lower than August if we close above on the 18th there is a very good chance that October will be really ugly.  Gonna be an interesting week gotta say!!! 

[dTraderB]

7 SPY NOV PUTS

[dTraderB]

16 QQQ PUTS

[dTraderB]

Taking a few minutes off to analyze this market action.

Macro Charts (@MacroCharts) tweeted at 7:00 am on Wed, Sep 09, 2020:
Speculative options activity still spiking into the stratosphere (updated from Aug 25).

Historically, prior mania peaks took significant TIME and LOSSES to reset far from what's happening here.

IF this is another historic unwind, then it hasn't even started yet. Stay nimble. https://t.co/wIDoGQBvjn
(https://twitter.com/...7980299264?s=03)

[12SPX]

And there we go profit stop now 3385 for a 75 point profit!  Gotta love "trading" the market!

[dTraderB]

I knew you would kill that LONG after the big drop.

And there we go profit stop now 3385 for a 75 point profit!  Gotta love "trading" the market!

[dTraderB]

Thank you, BULLS, take this much higher, maybe new ATHs by Friday 4pm?

[dTraderB]

Banking VOO  $3180 profit in less than 24 hours

 

will reopen lower, whenever that is ....

 

added 550 BAC LONG  (it was actually down!)   total 2550 avg 25.44 
will add more XLF at lower prices