154 replies to this topic

[12SPX]

Nope but nonetheless average long now 4685, regretting not holding my short now lol!! 

[dTraderB]

The almost impossible has happened: Today's  NQ daytrading profit has actually surpassed the 201 best achieved yesterday!

I am going to ensure it remains so for the rest of the trading day! 

 

[12SPX]

Hmmmm as I said this has nothing to do with expiration, Nasdaq getting pummeled and my average long is 4680!! 

[redfoliage2]

If today they had enough call holders purged there should be a gap-up at the cash market open for tomorrow's settlement values ............................

Edited by redfoliage2, 16 December 2021 - 03:55 PM.

[dTraderB]

In thin markets, the BIG MONEY can take this to new ATHs, seduce the newbies into buying and then dump it. 

Most likely, that will happen during next 2 weeks into end of 2021 

 

Adam Mancini

 

@AdamMancini4

·

1h

 

In typical FOMC & OPEX week, #ES_F running up & down in a huge range all week. Bulls need to turn this around here or a routine retrace becomes a trap Bulls want no lower than 4630-35 on this as posted, &must reclaim 4670 to gain control back. 4630 fails, 4590, 4535 incoming

Edited by dTraderB, 16 December 2021 - 04:41 PM.

[dTraderB]

SentimenTrader

@sentimentrader

·

4h

 

Surely, this is all coincidence. “We’ve gotten requests for higher leverage on the long side,”... “People want to add exposure to this and no one wants to deal with margin accounts, nobody wants to deal with margin maintenance requirement."

[dTraderB]

Jason Goepfert

 

@jasongoepfert

· 4h

Recent record of $SPY gap-and-craps. Fairly damning over the next 1-2 months, though not much effect in 2020. 

[12SPX]

As I said yesterday, generally quad witch expirations have become not very important because of the stupid way it is calculated with the first trade of all 500 stocks in the S&P 500 for futures, futures options and cash indices and options.  It is so stupid I can't believe it however it is what it is, better to follow the S&P100 expiration which goes off at the end of the day.  Anyhow one could say if you follow WWW that it was correct as it was up last Wednesday but I understand that it has changed now because if its down it means up and if its up it means up lol!! Anyhow as an indicator it has also become less reliable with there being so many options available now expiring all week every week.  Nonetheless I guess my joke about the market going right back to where it was is coming true lol, should've stayed short.  Likely see a bounce after the open though but the question is are people really going to buy into this Omnicon scare or not.  It's to bad the political scientists are in charge, I'm sure Fauci has his chest all blown up today doing interviews lol!!  Anyhow average long now 4667 see how that goes, may add more as the bulls are pretty quiet on here and options are balanced again lol!! 

[12SPX]

Average long 4663 before the cash open.... gonna be a fun end of the week!! 

[12SPX]

Decided to round it out for a 4660 long.....