Not interested in HEDGING as yet... but will do so if this pullback continues.
However, I expect rally to continue and add more QQQ shorts, also start new SPY shorts, so I will have to hedge ....
BULLISH Seasonality -- beware of PULLBACKs!
Started by
dTraderB
, Nov 13 2022 05:37 PM
194 replies to this topic
#33
12SPX
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Posted 14 November 2022 - 03:01 PM
Out for two points profit and going into the final hour starting a short build at 4005...
#36
12SPX
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Posted 14 November 2022 - 03:21 PM
Out for another 10 points profit, hmmmm
#37
redfoliage2
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Posted 14 November 2022 - 03:28 PM
The market is basically going nowhere today. I see it may need another day for the consolidation before another ramp-up .................
Edited by redfoliage2, 14 November 2022 - 03:35 PM.
#38
dTraderB
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Posted 14 November 2022 - 03:54 PM
NQ 11770
1 Hedge LONG
Not interested in HEDGING as yet... but will do so if this pullback continues.
However, I expect rally to continue and add more QQQ shorts, also start new SPY shorts, so I will have to hedge ....
#39
dTraderB
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Posted 15 November 2022 - 08:53 AM
Rather SUSPECT rally but I expect it to bubble & froth for a day or two -- TLT 100 or above will be nice.
Will add more UVXY CALLS, hold all TLT CALLS unless it goes above 100 when I will trim but hold most of it
Will hold NQ & ES HEDGE LONG
Will add more QQQ & SPY PUTS above current weekly high
NQ 11770
1 Hedge LONG
Not interested in HEDGING as yet... but will do so if this pullback continues.
However, I expect rally to continue and add more QQQ shorts, also start new SPY shorts, so I will have to hedge ....
#40
12SPX
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Posted 15 November 2022 - 08:57 AM
Slllloooowwww start this morning as I realized why I was so tired yesterday. I did 23 trades in total yesterday, all profitable of course but sitting at a computer for 7 straight hours is tiring, don't want to do that again lol!! This is why option selling is so much easier lol!! With the market up last night and now after the PPI data I'm in for an average short of 4018 now with this pop up. Don't think its as exciting as the CPI report though in the end as bonds aren't backing as much and starting to creep the other way. Be interesting how we end the day. More importantly though is expiration and as I said we are now at my November cycle numbers so not sure how much more upside we can get here but the market is fluid we'll see. I'll wait till the cash open to see if I'm going to add more to this short...
