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GREAT 2024 BUBBLE ENDS... this week!


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#21 dTraderB

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Posted 12 November 2024 - 09:42 AM

META near ATH, CLOSING ALL

MSFT languishing...

Will add AAPL PUT ABOVE 225

Will add DIA PUT above 445.5

Closed 1 TESLA PUT @342, HOLDiNG 2, will close below 330
WILL ADD MORE ABOVE 350

Closed remaining NFLX. STOCK ABOVE 800!

Will open new TESLA PUT position today
MSFT & META have been great profit generators but they have not recovered & surpassed recent highs. NFLX looks tired after earnings rally. Will reduce positions. Will hold SMCI HYBRID STRANGLE... ADD TO AAPL PUTS, and hedge SPY/QQQ PUtS with es/nq longs



#22 12SPX

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Posted 12 November 2024 - 09:57 AM

Totally agree with you about bitcoin, doesn't make any sense at all, just a created ponzi scheme especially when you watch doge double in price as bitcoin has gone up. Anyhow still sitting on my 6002 short just waiting for a bit of a correction as were majorly overbought, November calls that expire this Friday are still priced through the roof and sentiment is extreme so lets see.  I have a feeling that inflation isn't going to be great news and no one is talking about how inflation readings may be slowing, but were not seeing prices come down that much and with bond yields moving up not down, there is still over a 70% chance were headed to a recession next year!!  There is lots of things to keep the rally going to year end but gonna be really interesting next year I think...



#23 dTraderB

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Posted 12 November 2024 - 10:07 AM

Es long 6023

#24 steadyquest

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Posted 12 November 2024 - 10:26 AM

Add this to the mix.

ARKK.png



#25 12SPX

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Posted 12 November 2024 - 12:22 PM

Getting interesting out there hmmmmmm



#26 dTraderB

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Posted 12 November 2024 - 12:54 PM

Mighty interesting ... ES 6k..

Getting interesting out there hmmmmmm



#27 dTraderB

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Posted 12 November 2024 - 12:57 PM

Not huge profit but at ES 5995 closed 1 each spy, qqq put

#28 dTraderB

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Posted 12 November 2024 - 12:59 PM

Closed another 1 each on this spike down

Not huge profit but at ES 5995 closed 1 each spy, qqq put



#29 12SPX

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Posted 12 November 2024 - 01:01 PM

profit stop 5995 for a nice fat profit



#30 dTraderB

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Posted 12 November 2024 - 01:02 PM

Close only 1 DIA PUT.