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Surprising JUNE BULLISH SURGE should end soon


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#11 dTraderB

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Posted 20 June 2023 - 08:48 AM

A rarity:
Closed TESLA CALL with profits higher than cost of the TESLA PUT.
Holding worthless PUT with TESLA at 266.

#12 12SPX

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Posted 20 June 2023 - 09:29 AM

Well isn't that interesting, over the weekend brought my short a little higher because as I've said this market has moved to much so not surprising to see the sell off now lol!!  Putting my profit stop at 4415 now sell above...



#13 12SPX

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Posted 20 June 2023 - 09:42 AM

And out for a very very very fat profit for 5 points.  Will start selling back at 4420 for another short build as the market figures where to do go with these still super expensive call options which I've rubbed off all of the skin off my hands as they are so nice to sell!!!  Besides the incredible weekly options being the best, selling a July cycle 4700 call for $3 plus cmon man......



#14 12SPX

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Posted 20 June 2023 - 09:49 AM

Still can't get over this massive premium over the cash market but it did come down a bit from 50 points to about 43.  Starting my short build at 4420....



#15 12SPX

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Posted 20 June 2023 - 09:55 AM

profit stop 4419, sell right above for a build.



#16 12SPX

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Posted 20 June 2023 - 10:05 AM

Out and back in with a short build at 4420...



#17 linrom1

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Posted 20 June 2023 - 11:20 AM

Dollar up, rates down. Somebody is dreaming.



#18 12SPX

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Posted 20 June 2023 - 11:40 AM

Love it, average short 4425, volatility barely moving and calls holding those pricey levels!!



#19 12SPX

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Posted 20 June 2023 - 11:52 AM

Average short 4128, soon to be 30....



#20 redfoliage2

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Posted 20 June 2023 - 12:14 PM

Outlook for Stagnation. Stock market at an IT top.

Edited by redfoliage2, 20 June 2023 - 12:15 PM.