Thanks!!! Might as well make it worth it I guess for an even 10 if hit,,,profit stop 4685. Calls still hanging on here with too much premium might be lower yet!!
BIG DROP (aka CRASH) unless PP & BULLS can hold SPX 4500
#101
Posted 10 December 2021 - 11:21 AM
#102
Posted 10 December 2021 - 11:22 AM
2nd es hedge long march 2022 contract
rolled first hedge long also to march 2022 contract
24 SPY PUTS -- almost fully hedged
will add more on rallies
closed all crude shorts
will open new VXX CALL position below VXX 20
Closed 5 SPY PUTS
Banking pennies ...
Holding 24 & 1 ES HEDGE LONG
Will buy more above 469 0r 470 if traded
Closed 5 QQQ PUTS near low of day, just over $450.
Stunned by this sharp drop in NQ!
May close these QQQ PUTS, bank it in December has been one of my very beneficial trading rule!
Bought 5 QQQ PUTS
new QQQ PUTS positionall OPTIONS are FEB or later, IN THE MONEY, I pay the extra premium, lessons learned from more than 2 decades of OPTIONS trading
Will add more above QQQ 403 ... . and more above 406 etc
Unhedged but will add extra lot to NQ long trades, I may open a hedge NQ long before market closes if I hold more than 15 QQQ PUTS
Most likely remain unhedged for a while
Will add to SPY PUTS above 472 ... and higher if traded
4686.25 reopened
Closing ES HEDGE LONG +25.5 points
Bank that now, the PUTS will take care of themselves late in December or next year.
Will reopen ES HEDGE LONG later or tomorrow or ...
ES HEDGE LONG 4676 reluctantly but system says so... risk off in December
29 SPY PUTS
4 CRUDE short
nibbling in CRUDE
Record NQ DAYTRADE profit for 2021: 1247 points.
Losses in Unhedged 22 SPY PUTS as I built this position gradually during the day
Profits in QQQ CALLS, CLOSED ALL, just a few.
Fantastic day, huge NQ DAILY CANDLE, UP UP UP for most of the day. Trading is never easy but today NQ was quite enjoyable to trade, especially with unhedged SPY PUTS.
#103
Posted 10 December 2021 - 11:40 AM
I see this is a classic move of the market in such a situation. Should be higher later in the day. For the next week it's likely to see new highs ........................
Edited by redfoliage2, 10 December 2021 - 11:42 AM.
#104
Posted 10 December 2021 - 11:43 AM
There's something about this tape I just don't like don't know why, maybe the inflated call premiums, anyhow guess we'll see, profit stop hit out for a 10 point profit!!
#105
Posted 10 December 2021 - 12:30 PM
I see this is a classic move of the market in such a situation. Should be higher later in the day. For the next week it's likely to see new highs ........................
Now with the road almost cleared (debt limit, MOM lower CPI a relief for the Fed, and the pandemic with the mild strain Omicron takeover outlook) I see Santa will take SPX to 4800 before the end of the year .........................
Edited by redfoliage2, 10 December 2021 - 12:30 PM.
#106
Posted 10 December 2021 - 12:47 PM
I see this is a classic move of the market in such a situation. Should be higher later in the day. For the next week it's likely to see new highs ........................
Now with the road almost cleared (debt limit, MOM lower CPI a relief for the Fed, and the pandemic with the mild strain Omicron takeover outlook) I see Santa will take SPX to 4800 before the end of the year .........................
Regarding inflation my analysis indicates CPI is slowing down and Month-over-month CPI data was peaked and is likely to be further lower for next data release. Forget about YOY CPI it's useless in predicting trend. Just a hot topic for talking heads ...............
Edited by redfoliage2, 10 December 2021 - 12:56 PM.
#107
Posted 10 December 2021 - 01:12 PM
Can't resist this Dec contract, starting to build my short at 4695 lol!! Sure are alot of "talking heads" around my town about inflation, first time I've heard people talk about in over 30-years,,,,very dumb comments to deny there isn't any inflation sorry, not everyone can afford $50 steaks in the supermarket or $5 gas!
#108
Posted 10 December 2021 - 01:21 PM
I hate to say that it's going to close at high today and Monday going even higher to start the Dec OpEx week. But I know you move pretty nimbly ...................
Edited by redfoliage2, 10 December 2021 - 01:27 PM.
#109
Posted 10 December 2021 - 01:57 PM
I see this is a classic move of the market in such a situation. Should be higher later in the day. For the next week it's likely to see new highs ........................
Now with the road almost cleared (debt limit, MOM lower CPI a relief for the Fed, and the pandemic with the mild strain Omicron takeover outlook) I see Santa will take SPX to 4800 before the end of the year .........................
Regarding inflation my analysis indicates CPI is slowing down and Month-over-month CPI data was peaked and is likely to be further lower for next data release. Forget about YOY CPI it's useless in predicting trend. Just a hot topic for talking heads ...............
It looks that Forex market agrees with my view and USD down 24 base points today .................
#110
Posted 10 December 2021 - 02:14 PM
Also good to notice that the yield for the 10-y bond down today upon the CPI data .........................
Edited by redfoliage2, 10 December 2021 - 02:14 PM.