"Bulls Regain Control Of The Market As Fed Taper Looms"
#71
Posted 21 October 2021 - 03:34 PM
I AM SURE it is going lower but got to ooen the Hedge
#72
Posted 22 October 2021 - 06:39 AM
Will add more PUTS & VXX CALLS ON any rally
STARTED NEW CRUDE SHORT THIS MORNING above 83 WTI
29 QQQ PUTS
20 VXX CALLS
HEDGE SHORT with NQ LONG 15378
Insane markets! especially OIL & GAS! update
adding an extra lot to NQ LONG daytrades as partial hedge for QQQ PUTS, may open SPY PUTS position with hedge
Will add hedge later today or tomorrow
17 QQQ PUTS
15 VXX CALLS
Flat CRUDE
Closed all CRUDE shorts
will reopen above 83
Gains in NQ daytrades and QQQ puts, losses in VXX CALLS & CRUDE, net loss, first red day this week.
Am not keen on the market at these levels, Snot convinced in HORT or LONG but I prefer to risk a but on the SHORT side.
Even on SHORTS, I am holding back.
10 QQQ PUTS
10 VXX CALLS
6 CRUDE SHORT
Start of next QQQ & SPY PUT position, paying more for JAN QQQ & SPY, in the money
5 QQQ JAN PUTS
Also holding 10 VXX CALLS
Will add more VXX CALLS & QQQ PUTS on market rallies
Will short CRUDE above 82.4
#73
Posted 22 October 2021 - 08:10 AM
Yup gotta question what is the difference between last week and this week, nothing lol! Up on fumes, sentiment getting a bit too bullish and options are screaming bullishness, all the recipes for volatility to start, still holding my 4485 short wait to see what happens next week. Do have more sells on my 4600, 4650 calls now sitting at an average of $14 and $8.50. Not much left in my 4000 and 3800 puts which is not a good sign only being a week into this cycle...
#74
Posted 22 October 2021 - 08:41 AM
Of course can't resist maybe gonna end up with 4500 in the end lol!! Average sell 4490.....
#75
Posted 22 October 2021 - 11:00 AM
As long as SPX stays above 4500 dips will be bought ...........................
#76
Posted 22 October 2021 - 11:17 AM
#77
Posted 22 October 2021 - 11:20 AM
Not looking good for your 4565 bet, what do I get what do I get??
#78
Posted 22 October 2021 - 11:42 AM
Oh and btw 4564.99 does not mean you won!!
It's the number from Adam Mancini, not mine. But I do have a number: > 4550 in the next two days
SPX already hit 4559.67 today. It's almost at Bulls-eye ...........................
BTW, bulls still have a chance to close SPX above 4550 as it's important for them. I think they have to do it .....................
Edited by redfoliage2, 22 October 2021 - 11:52 AM.
#79
Posted 22 October 2021 - 12:19 PM
But you missed what I said 4564.99 is still a loss, few more hours guess we'll see!!
#80
Posted 22 October 2021 - 01:37 PM
Oh and btw 4564.99 does not mean you won!!
It's the number from Adam Mancini, not mine. But I do have a number: > 4550 in the next two days
SPX already hit 4559.67 today. It's almost at Bulls-eye ...........................
BTW, bulls still have a chance to close SPX above 4550 as it's important for them. I think they have to do it .....................
Obviously bulls got the control and they are doing it ...........................