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Volatile & Uncertain Summer Market: ES 3400 to 4300


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#51 12SPX

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Posted 07 July 2022 - 09:56 AM

Hmmmm might as well start another short build at 3890 once again...  Also starting to sell August calls a little to prepare for more grind......



#52 12SPX

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Posted 07 July 2022 - 10:24 AM

profit 3885



#53 12SPX

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Posted 07 July 2022 - 10:26 AM

and out for 5 points going for a higher sell now....



#54 12SPX

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Posted 07 July 2022 - 10:53 AM

Got it, starting a short build at 3895....



#55 12SPX

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Posted 07 July 2022 - 12:16 PM

hmmmm ps 3894



#56 12SPX

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Posted 07 July 2022 - 12:50 PM

Out for 1 point profit and going after 3900 short if hit....



#57 12SPX

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Posted 07 July 2022 - 12:56 PM

Boom got it, short build at 3900...grind grind grind lol!!  



#58 redfoliage2

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Posted 07 July 2022 - 02:36 PM

Recently the market had gotten sold every Friday.  Now let's see if we can have this pattern changed for tomorrow ........................


Edited by redfoliage2, 07 July 2022 - 02:42 PM.


#59 12SPX

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Posted 07 July 2022 - 08:33 PM

Darn just saw I was stopped out again for a 1 point profit, maybe let my pajama traders get me some rogue trades overnight!! 



#60 12SPX

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Posted 08 July 2022 - 07:57 AM

Could've held the short it looks like as the market is remaining in grind mode with this strong employment report +372,000, unemployment 3.6% with wages flat! 10-year bond backing up so futures aren't liking it.  Tempting to go long here but would like it a little lower.  As I mentioned selling some calls yesterday, the good news is they are looking great now with the Augusts and especially my July 4120 sell from $10.50 for example.  Premium is going to wither by the end of the day with only 6 trading days left....