Member
Posted 30 November 2021 - 01:43 PM
The selling is actually not due to omicron as it's ostentatiously so. It's a planned EOM selling. The EOM selling is scheduled to be done by 4 pm, and shorts still got two hours to do something, I guess. I see a short squeeze pending the news from the Congress:
https://www.politico...-funding-523442
Edited by redfoliage2, 30 November 2021 - 01:53 PM.
Member
Posted 30 November 2021 - 02:04 PM
Rats was just putting on my profit stop and it was hit at 4590 for a 17 point profit, hmmmmmm
Member
Posted 30 November 2021 - 02:51 PM
Hmmmmm starting a new build at 4575 once again....
Member
Posted 30 November 2021 - 03:54 PM
What an EOM re-balancing selling, pretty impressing. But I bought on the dip ......................
Edited by redfoliage2, 30 November 2021 - 03:58 PM.
Member
Posted 01 December 2021 - 08:34 AM
Well this has been a great end of month trading time, caught the top, the bottom, the top, the bottom lol!! Still holding my long from 4575 with a profit stop of 4600 now for the cash open will see after that.... Sold Dec puts looking awesome now!!
Member
Posted 01 December 2021 - 08:46 AM
Couldn't resist the nice round number of 50 so closed my long at 4625 for a nice 50 point profit. Think I'm going to start looking for a short around here, maybe a little too much exuberance this morning....
Member
Posted 01 December 2021 - 09:36 AM
Decided to stay on the long side, starting a long build at 4610....
Member
Posted 01 December 2021 - 09:46 AM
profit stop 4615....
Member
Posted 01 December 2021 - 09:49 AM
And just like that out for a 5 point profit, hmmmmm
Member
Posted 01 December 2021 - 10:13 AM
Nice pop but calls are still a little too bullish still so starting a short build at 4630...
