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Inflation at 40-year high. So why are markets so calm?


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#21 12SPX

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Posted 13 December 2021 - 10:01 AM

 

Slow start to the week but I wasn't in a rush anyhow.  As I left early Friday I couldn't report about my Dec 4695 short trade and not that important but was taken out for a 1 point profit as the market powered ahead in the final hour.  Still have my March short that started at 4695 and now have an average sell on that of 4708 now as we started higher yesterday.  Will just add to it I think today unless we sell off enough today.  Market is not in a healthy state at all!! I can't believe the extreme bullishness even in the Dec calls, insane actually lol!!  Gonna be an interesting finish to this expiration cycle!! 

So it looks that you go short by selling ES calls,  do you buy puts at all when shorting?  just curious...................

 

My main trading is selling calls and puts each cycle, this one, Dec is looking to be very profitable and then for fun I do day and position trading with the ES yes, been over a year now since I've had a loss, every trade has been posted live here unless of course like Friday I left early but everyone knows I use profit stops all the time. 



#22 12SPX

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Posted 13 December 2021 - 10:02 AM

profit stop 4685....



#23 andr99

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Posted 13 December 2021 - 10:14 AM

........because 40 year high is better than 100 year high ?  Markets always go where central banks and large investment banks want them to go, despite everything in the world. They don' t know what the word ''shame'' means.    


forever and only a V-E-N-E-T-K-E-N - langbard


#24 12SPX

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Posted 13 December 2021 - 10:15 AM

And out for a nice 22 point profit on my new March contract, great start for a Monday lol!!  Also just took profits on my sold Dec 4300 puts for a $24.20 profit! 



#25 redfoliage2

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Posted 13 December 2021 - 10:21 AM

 

 

Slow start to the week but I wasn't in a rush anyhow.  As I left early Friday I couldn't report about my Dec 4695 short trade and not that important but was taken out for a 1 point profit as the market powered ahead in the final hour.  Still have my March short that started at 4695 and now have an average sell on that of 4708 now as we started higher yesterday.  Will just add to it I think today unless we sell off enough today.  Market is not in a healthy state at all!! I can't believe the extreme bullishness even in the Dec calls, insane actually lol!!  Gonna be an interesting finish to this expiration cycle!! 

So it looks that you go short by selling ES calls,  do you buy puts at all when shorting?  just curious...................

 

My main trading is selling calls and puts each cycle, this one, Dec is looking to be very profitable and then for fun I do day and position trading with the ES yes, been over a year now since I've had a loss, every trade has been posted live here unless of course like Friday I left early but everyone knows I use profit stops all the time. 

 

Thanks. Great trading with options ............................


Edited by redfoliage2, 13 December 2021 - 10:28 AM.


#26 dTraderB

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Posted 13 December 2021 - 10:35 AM

Bought 5 VXX PUTS
will buy a few more if ES drops another 30 or more points.

#27 12SPX

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Posted 13 December 2021 - 10:37 AM

That's just the start, still have 4000,4200,4400 and even a few 4500 puts along with 4750,4800,4850, 4900 and 4950 Dec calls!!  And now building a long at 4669, profit stop 4675...



#28 12SPX

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Posted 13 December 2021 - 10:39 AM

And as I finished typing it out for a 6 point profit!! 



#29 12SPX

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Posted 13 December 2021 - 11:15 AM

Trying a long build at 4669 once again see how it goes!! 



#30 dTraderB

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Posted 13 December 2021 - 11:38 AM

Verrrrrr big NQ SHORT DAYTRADE POSITIONS.