115 replies to this topic

[dTraderB]

NQ 16578

Finally, got this done. Added 5 each SPY & QQQ PUTS.
ES backed off 4710 but will revisit later

Will open new NQ HEDGE LONG sometime today
Will again add A50 & HDI LONGS during US session & close during ASIAN session

Would like to add SPY & QQQ PUTS at about ES 4710 ... but may not get there today.
SPY 465 & QQQ 400 are approximate levels. Will buy options @ market at or near these levels, but preferably at or higher than ES 4710

Amazing! Spent too much time watching SPY & QQQ option screens yesterday. Was tempted to add more PUTS or SELL CALLS but decided to wait until the next major resistance at 4710.

Wow can't believe daily call option prices, no one is thinking the market could actually move lower....

[dTraderB]

Closed 16179.5
Will reopen lower
Holding 1 ES HEDGE LONG

NQ 16578

Finally, got this done. Added 5 each SPY & QQQ PUTS.
ES backed off 4710 but will revisit later

Will open new NQ HEDGE LONG sometime today
Will again add A50 & HDI LONGS during US session & close during ASIAN session

Would like to add SPY & QQQ PUTS at about ES 4710 ... but may not get there today.
SPY 465 & QQQ 400 are approximate levels. Will buy options @ market at or near these levels, but preferably at or higher than ES 4710

Amazing! Spent too much time watching SPY & QQQ option screens yesterday. Was tempted to add more PUTS or SELL CALLS but decided to wait until the next major resistance at 4710.

Wow can't believe daily call option prices, no one is thinking the market could actually move lower....

[12SPX]

There we go so far got the pop so of course I'm adding to my short with a little more as we'll see if it holds or not, just too much exuberance so lets see if Powell ruins the party when he speaks....Average ndx short 15422, March ES 4671....

[12SPX]

Whoops sorry 16422, 4671

[redfoliage2]

So the Fed just delivered a Christmas present .................

[dTraderB]

Added 4 SPY & 3 QQQ PUTS

Closed 16179.5
Will reopen lower
Holding 1 ES HEDGE LONG

NQ 16578

Finally, got this done. Added 5 each SPY & QQQ PUTS.
ES backed off 4710 but will revisit later

Will open new NQ HEDGE LONG sometime today
Will again add A50 & HDI LONGS during US session & close during ASIAN session

Would like to add SPY & QQQ PUTS at about ES 4710 ... but may not get there today.
SPY 465 & QQQ 400 are approximate levels. Will buy options @ market at or near these levels, but preferably at or higher than ES 4710

Amazing! Spent too much time watching SPY & QQQ option screens yesterday. Was tempted to add more PUTS or SELL CALLS but decided to wait until the next major resistance at 4710.

Wow can't believe daily call option prices, no one is thinking the market could actually move lower....

[redfoliage2]

This is likely to be sold tomorrow. Buy the rumor and sell the news..................

Edited by redfoliage2, 13 December 2023 - 03:13 PM.

[12SPX]

Gotta admit I find this move quite interesting and confirms to me more and more that next year is going to be ugly.  The Fed is never right and slow to respond and so the next comments we'll be hearing are "when is the Fed ever going to cut rates, why are they waiting the economy is sinking" lol!!  This move is to far to fast and as were now just touching my 4700 level for expiration its going to make trading tomorrow and into the quad witch expiration starting Friday morning very interesting......

[12SPX]

smooth it out, average short 16425, 4675....  Still have my 4550 Dec short and its looking like for the first time ever I'll have to roll it over to March and just for another indication of how its to far to fast, this will be the first time I've done that since 1999 and we know what happened after that....

[dTraderB]

ES 4747 LONG

[uote name="dTraderB" post="902307" timestamp="1702497613"]

Added 4 SPY & 3 QQQ PUTS

Closed 16179.5
Will reopen lower
Holding 1 ES HEDGE LONG

[quote name="dTraderB" post="902297" timestamp="1702491614"]
NQ 16578

[quote name="dTraderB" post="902291" timestamp="1702479692"]
Finally, got this done. Added 5 each SPY & QQQ PUTS.
ES backed off 4710 but will revisit later

Will open new NQ HEDGE LONG sometime today
Will again add A50 & HDI LONGS during US session & close during ASIAN session

[quote name="dTraderB" post="902281" timestamp="1702413834"]
Would like to add SPY & QQQ PUTS at about ES 4710 ... but may not get there today.
SPY 465 & QQQ 400 are approximate levels. Will buy options @ market at or near these levels, but preferably at or higher than ES 4710


[quote name="dTraderB" post="902259" timestamp="1702394487"]
Amazing! Spent too much time watching SPY & QQQ option screens yesterday. Was tempted to add more PUTS or SELL CALLS but decided to wait until the next major resistance at 4710.

[quote name="12SPX" post="902255" timestamp="1702391952"]
Wow can't believe daily call option prices, no one is thinking the market could actually move lower....[/quote][/quote][/quote][/quote][/quote]

[/quote]