This for sure is an indecisive mood in the market but I can see that calls are starting to get a bit pricey as the bulls are starting to get a little exuberant so we'll see how it goes. Always remember, heallthy markets are crooked stairs to keep the rally healthy.... Hopefully we pop a bit for a nice sell or get oversold enough for a buy, or what is it I always like to say, grind grind grind, watch that premium fall!!
JULY Bull Run -- New 2022 Lows ahead
Posted 20 July 2022 - 08:41 AM
Was going to start a short build at 3940, but grabbed 3942...
Posted 20 July 2022 - 08:46 AM
out for 2 points profit, see about selling above now.....
Posted 20 July 2022 - 09:20 AM
I think Rusty may have just a bit more left on this excellent blast off the predicted backtest of 1730.
But DB out telling their clients to buy calls on TSLA, whose earnings are after the bell....so there's that.....
Edited by K Wave, 20 July 2022 - 09:20 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 20 July 2022 - 09:33 AM
Love hearing that, starting my short build at a nice even 3950...
Posted 20 July 2022 - 09:37 AM
And just like that, average short 3955, see what happens from here lol!!
Posted 20 July 2022 - 09:54 AM
Well this is getting fun, average short a nice round 3960. This is sure going the opposite direction of what the bears said but good news is that call options are getting extreme in price!!