174 replies to this topic

[dTraderB]

If this BUDGET does not signal a TOP then SPX 5000 plus by end of April!!

[12SPX]

Interesting reaction to the release of the budget, gonna be interesting I think by the end of the day but for now, profit stop 4539, sell above.....

[pdx5]

I see no significant down turn until end of May. That is when I will sell the few longs I still have and go on vacation.

[K Wave]

Public rushin' back into the meme stocks..both GME and AMC doubled in a couple weeks

[12SPX]

profit stop 4530, sell above....

[12SPX]

profit stop 4525...

[12SPX]

profit stop 4520, sell above....

[dTraderB]

UVXY up 7%

Closed all 12 CALLS. 

 

2 ES HEDGE LONG

2 NQ HEDGE LONG

77 QQQ PUTS

74 SPY PUTS

 

Will close the MOST PROFITABLE  ES HEDGE LONG I ever had ... above or near ES 4550 if traded

 

will reopen UVXY CALLS below 12 if traded

 

 

A hard fought week where the small net profit came mainly from OPTIONS - daytrade and one-day duration, and also rolling over almost dead PUTS into JUNE expiration on shallow QQQ pullbacks. BIG HEDGE ES & NQ profits, very big Losses from PUTS, modest profits from NVDA & TESLA PUTS, and very large profits from NQ DAYTRADING. Several PUTS were also closed as they approached the "jump off the cliff" erosion curve. I expect more losses in PUTS if market rallies but will add more and also reopen 2nd ES & NQ hedge longs. Will add to current 12 UVXY CALLS

 

Will also again dabble in ST PUTS & CALLS. Watching TESLA... and any stock or ETF for ST PUTS

MARCH will again be a profitable month but not as good as JAN & FEB

However, it is RISK ON at these levels

 

69 SPY PUTS

1 ES HEDGE LONG

 

72 QQQ PUTS

1 NQ HEDGE LONG

[12SPX]

Out for a 20 point profit but can't resist so I'm starting my short build at 4525 lol

[dTraderB]

New UVXY CALL position with 2 CALLS   (UVXY now only up about 2%)

BUY LIMIT orders to scale in