Add LONGS belowv75.5, 74.90
ES 4942 HEDGE LONG
NQ 17661 HEDGE LONG
Will add A50 LONG below 10950 & HSI LONG below 19600
"Buy during US SESSION & TAKE PROFITS IN ASIAN SESSION"
Posted 30 January 2024 - 08:26 AM
ES 4942 HEDGE LONG
NQ 17661 HEDGE LONG
Will add A50 LONG below 10950 & HSI LONG below 19600
"Buy during US SESSION & TAKE PROFITS IN ASIAN SESSION"
Posted 30 January 2024 - 08:27 AM
Go away for a bit and boom up. Really shows how senseless this market is because you think they would worry just a little that the States may respond in force on Iran overnight but then again that makes common sense lol!! Couldn't believe the price pop in call options on the hope for higher highs lol!! Average short 4925 and 17605.....
Posted 30 January 2024 - 08:47 AM
It's biden, what I'm sure they did was get rid of the guy who identified the drone as the American one and said don't do it again and are hoping it won't happen again. He is such a a complete loser and waste of time. Sorry for getting political on here but when it comes to the irresponsible death of people it really pisses me off. He is the weakest leaded of all time. Anyhow, very interesting analyst on CNBC going on China and their economy and how they want it to work very interesting. If they followed that here our market would be down over three quarters lol!! Big day today with earnings and the Fed should be exciting but not likely till the end of the day for fireworks tomorrow. With just the way options moved yesterday I'd suspect it could get very interesting, way to much excitement. Still holding my short from 4925 and 17605....
Posted 30 January 2024 - 08:53 AM
Posted 30 January 2024 - 08:54 AM
Edited by dTraderB, 30 January 2024 - 08:55 AM.
Posted 30 January 2024 - 09:00 AM
Posted 30 January 2024 - 09:02 AM
Posted 30 January 2024 - 09:05 AM
Edited by dTraderB, 30 January 2024 - 09:05 AM.
Posted 30 January 2024 - 09:14 AM
I couldn't resist. I sold some call credit spread on the NDX near the close, they expire this week (Wed & Fri). Premium is still very high, especially after an UP day like today. I'm safe as long as NDX closes below 17,875 on Wed 1/31 and below 18,100 on Fri 2/2.
I've been entering these every Friday and closing every Monday. Today's offered a unique opportunity so I did the unusual thing by entering a credit spread on a Monday.
Nice, option selling is the best, been doing it for over 35 years now!!! The weekly options are awesome, especially right now as they are sooooooo overpriced. I've been even doing the daily's once in awhile on the ndx to as they are also outrageous lol!!
Posted 30 January 2024 - 09:37 AM
Added to my ES short now averaging 4930, 17605 still.