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Bubble pricked, can BEARS take it lower? Maybe NOT


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#31 12SPX

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Posted 23 February 2021 - 08:30 AM

And finally,,, nice to wake up to a nice profit of 10 points on my short I've built over a couple weeks lol!!  Love my pajama traders and round numbers of 3850.  Starting to build my new short from 3860,,, love those guys lol!!   I'm also loving my short March calls at 4000, 4100 and 4130!!!!



#32 12SPX

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Posted 23 February 2021 - 08:55 AM

Very slow trading this morning, maybe better at the cash open so will put a profit stop on this one at 3859 but will sell right above if hit.



#33 12SPX

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Posted 23 February 2021 - 09:14 AM

Hmmmm might as well lower that profit stop to 3855. 



#34 12SPX

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Posted 23 February 2021 - 09:45 AM

Interesting, profit stop 3840.



#35 12SPX

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Posted 23 February 2021 - 09:57 AM

Took profits on the March 4000 calls for $33 profit, $12.00 on the 4100 calls, still holding the 4130 and although I think we could go lower yet starting to sell the March 3500 puts for $20!  Will add to that as it goes! 



#36 dTraderB

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Posted 23 February 2021 - 10:04 AM

5 qqw calls

Will sdd more lower

#37 12SPX

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Posted 23 February 2021 - 10:04 AM

Profit stop 3835 will sell higher



#38 12SPX

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Posted 23 February 2021 - 10:14 AM

Out for a 25 point profit, first sell in at 3840, will build on it if needed! 



#39 12SPX

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Posted 23 February 2021 - 10:59 AM

Nice pop but I added to the short, had a feeling we'd get close to 3860, average short 3852! 



#40 12SPX

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Posted 23 February 2021 - 11:28 AM

Profit stop 3850!