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"Bulls Regain Control Of The Market As Fed Taper Looms"


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#71 dTraderB

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Posted 21 October 2021 - 03:34 PM

NQ HEDGE 15378 SHORT

I AM SURE it is going lower but got to ooen the Hedge

#72 dTraderB

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Posted 22 October 2021 - 06:39 AM

Another red day, small loss but 2nd losing day of the week as I build a SHORT POSITION. Still net green for the week & month but focus now is a BIG SHORT position.
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 12SPX

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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 12SPX

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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 redfoliage2

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Posted 22 October 2021 - 11:00 AM

As long as SPX stays above 4500 dips will be bought  ...........................



#76 dTraderB

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Posted 22 October 2021 - 11:17 AM

PUTS HEDGE: nq 15290 LONG

#77 12SPX

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Posted 22 October 2021 - 11:20 AM

Not looking good for your 4565 bet, what do I get what do I get??



#78 redfoliage2

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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 12SPX

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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 redfoliage2

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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 ...........................