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Time to be AGGRESSIVELY SHORT ? IT top forming


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#41 12SPX

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Posted 19 May 2021 - 08:56 AM

Dont have a clue about June just yet, I have to have the numbers for the end of May to put in my calculations.  I just did the June 4300 calls for a trade.  Might actually cover them this morning for now as there is a $16 profit there.  Looks like all my May calls are going to expire worthless and I had already covered my 3900, 3950 puts for profits I had just put on last week.  One thing I'm sure of is that there is going to be lots of volatility as we move through the summer.  The straight up action in commodities, industrials, even tech and cryptos seems to be coming to a head. 



#42 redfoliage2

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Posted 19 May 2021 - 09:01 AM

I bet this dip soon will be bought .............


Edited by redfoliage2, 19 May 2021 - 09:02 AM.


#43 12SPX

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Posted 19 May 2021 - 09:09 AM

Whoops sorry just looked and in my other account I still have my May 3900 puts on for $16, 2 days left they'll expire worthless I'm sure at $3.75 now....



#44 12SPX

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Posted 19 May 2021 - 09:20 AM

I bet this dip soon will be bought .............

That'd be nice, a spike back again into expiration would be awesome lol!!  Average long now 4079!! 



#45 12SPX

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Posted 19 May 2021 - 10:11 AM

Profit stop 4179, will buy a little lower..



#46 12SPX

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Posted 19 May 2021 - 10:22 AM

Out for 1 point profit and back in starting a long build at 4077! 



#47 12SPX

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Posted 19 May 2021 - 10:26 AM

Profit stop 4179!! 



#48 redfoliage2

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Posted 19 May 2021 - 10:36 AM

It looks that a bullish setup was formed for a bounce from here ..............................


Edited by redfoliage2, 19 May 2021 - 10:43 AM.


#49 12SPX

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Posted 19 May 2021 - 10:54 AM

Out for a 2 point profit, back in long at 4175, think I'll just do a build from here as I'm getting the feel that we'll turn around here! 



#50 redfoliage2

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Posted 19 May 2021 - 10:57 AM

They have been getting call holders purged and next they will aim at put holders starting tomorrow  ...........................


Edited by redfoliage2, 19 May 2021 - 10:58 AM.