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Not a Market for Old Men: liquidity and sentiment will trump factstes


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#41 dTraderB

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Posted 18 February 2021 - 11:10 AM

Fast & furious!
27 QQQ PUTS, all red at current nw


34 qqq puts
1 nq hedge long

Quite a thrilling day of battle but bulls managed to reverse early drop.
Good day for me with profits in SQQQ, QQQ PUTS, NQ DAYTRADES, and loss in na hedge long. Closed several CALLS & PUTS

44 QQQ PUTS
2 NQ HEDGE LONG

Profitable Tuesday
57 QQQ PUTS
2 NQ HEDGE LONG
5 SQQQ 10 calls

Nq hedge long 13820
Have to buy 2nd hedge long! Delayed it but must adhere to the OPTIONS SYSTEM.

59 QQQ PUTS
2 NQ HEDGE LONG
5 SQQQ

4 profitable days last week but a bad Friday wiped out 3 days of gains. Mainly defensive trading to maintain and build my QQQ PUTS position. Profits on NQ daytrades and NQ hedge on Sunday night, yesterday and this morning but those PUTS losses will erase that green from my weekly balance sheet at current NQ levels. However, markets are extended and I am looking forward to a day or two of big profits in NQ SHORT daytrades and PUTS.
Will continue to build QQQ PUTS position above existing ATH above NQ 14K.

57 QQQ PUTS
1 NQ HEDGE LONG 13672.5



#42 dTraderB

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Posted 18 February 2021 - 11:25 AM

A bit of inflation will take this market to SPX 4400
JUST A BIT.... 3%,

#43 redfoliage2

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Posted 18 February 2021 - 12:59 PM

Inflation is just used as an excuse and today is all about tomorrow's OpEx.  Same game they have played over and over again.   I see SPX will settle for OpEx around 3925 in the morning..............................


Edited by redfoliage2, 18 February 2021 - 01:08 PM.


#44 12SPX

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Posted 18 February 2021 - 01:04 PM

I quit that years a go as its so impossible to estimate anymore because of the way its settled!  Always made sure I was out of all trades by the end of trading Thursday.  There can be 1% swings either way now with the settlement so far prefer the ES unless its a quarterly expiration and there I get out at the latest 15 minutes before the cash open.



#45 redfoliage2

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Posted 18 February 2021 - 01:18 PM

Next week with the OpEx out of the way and the Congress is sending out the stimulus checks they will spin differently with the same data.

I see it's setting up for a gap up in the morning...................


Edited by redfoliage2, 18 February 2021 - 01:27 PM.


#46 redfoliage2

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Posted 18 February 2021 - 01:33 PM

Inflation is just used as an excuse and today is all about tomorrow's OpEx.  Same game they have played over and over again.   I see SPX will settle for OpEx around 3925 in the morning..............................

Could be settled in the range 3925 - 3960 ..............


Edited by redfoliage2, 18 February 2021 - 01:34 PM.


#47 dTraderB

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Posted 18 February 2021 - 07:51 PM

Tiring but profitable day, and the bulls kept fighting back. My best nq daytrading day since January, good profits in qqq purs, losses in nq hedge long

24 qqq puts
1 nq hedge long 13820

Fast & furious!
27 QQQ PUTS, all red at current nw


34 qqq puts
1 nq hedge long

Quite a thrilling day of battle but bulls managed to reverse early drop.
Good day for me with profits in SQQQ, QQQ PUTS, NQ DAYTRADES, and loss in na hedge long. Closed several CALLS & PUTS

44 QQQ PUTS
2 NQ HEDGE LONG

Profitable Tuesday
57 QQQ PUTS
2 NQ HEDGE LONG
5 SQQQ 10 calls

Nq hedge long 13820
Have to buy 2nd hedge long! Delayed it but must adhere to the OPTIONS SYSTEM.

59 QQQ PUTS
2 NQ HEDGE LONG
5 SQQQ

4 profitable days last week but a bad Friday wiped out 3 days of gains. Mainly defensive trading to maintain and build my QQQ PUTS position. Profits on NQ daytrades and NQ hedge on Sunday night, yesterday and this morning but those PUTS losses will erase that green from my weekly balance sheet at current NQ levels. However, markets are extended and I am looking forward to a day or two of big profits in NQ SHORT daytrades and PUTS.
Will continue to build QQQ PUTS position above existing ATH above NQ 14K.

57 QQQ PUTS
1 NQ HEDGE LONG 13672.5



#48 redfoliage2

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Posted 19 February 2021 - 09:40 AM

Next week with the OpEx out of the way and the Congress is sending out the stimulus checks they will spin differently with the same data.

I see it's setting up for a gap up in the morning...................

Gap-up as I predicted yesterday when SPX was down 30 points.  SPX should settle around 3925 this morning also predicted yesterday.  For next week I expect it to go higher ................


Edited by redfoliage2, 19 February 2021 - 09:41 AM.


#49 12SPX

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Posted 19 February 2021 - 09:44 AM

every expiration I watch the numbers at the open, 9:32, 9:35, 9:40, 9:45.  Looks like you could be right but now we wait for the calculation.........



#50 12SPX

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Posted 19 February 2021 - 11:54 AM

There you go cash settlement on the SP500 3927.21.