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A Sustainable LOW but HOW HIGH this BOUNCE? 5 to 10%


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#41 dTraderB

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Posted 23 May 2022 - 10:20 AM

Closed all 22 QQQ and 18 SPY CALLS opened on Friday last week. 

Will start to close those opened on Thursday last week,

 

Prefer to trim LONGS than add more HEDGE SHORTS



#42 12SPX

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Posted 23 May 2022 - 10:21 AM

Well this has been exciting but decided to take my 50 points of profit and flip to a short at 3960.  Don't think we'll pull back much but why not lol!!  Profit stop 3959, sell above....



#43 steadyquest

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Posted 23 May 2022 - 10:31 AM

This can't be right - it would push a rally out to the 1st week of June - but as we know the rally has already started.

 

qqq.png



#44 12SPX

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Posted 23 May 2022 - 10:45 AM

Isn't that interesting, knew this market had a lot of oomph for today, out for 1 point profit, average long 3965....btw Nadal is winning handily lol!! 



#45 12SPX

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Posted 23 May 2022 - 10:51 AM

Well that was fast, out for a 1 point profit adjusting and starting my new short at 3967...



#46 dTraderB

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Posted 23 May 2022 - 10:53 AM

Existing TESLA CALL spread is in a hopeless position but it can recover since this stock moves 100 points or more in a few days

 

However, I may buy one or more CALL SPREADS at this much lower level, 666

 

Hate this trade, and even more to throw "good $$ at bad" ... but will do it



#47 dTraderB

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Posted 23 May 2022 - 10:55 AM

Supporting NADAL

... and a rally into the close today

 

Isn't that interesting, knew this market had a lot of oomph for today, out for 1 point profit, average long 3965....btw Nadal is winning handily lol!! 



#48 12SPX

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Posted 23 May 2022 - 11:14 AM

Average short now 3972 but am looking for a long later on hopefully!! 



#49 12SPX

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Posted 23 May 2022 - 11:16 AM

profit stop 12,000 on my ndx trade...



#50 redfoliage2

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Posted 23 May 2022 - 11:32 AM

Well, time again day traders taking profit, but it should close around high........................


Edited by redfoliage2, 23 May 2022 - 11:41 AM.