55 replies to this topic

[12SPX]

Whoops didn't hit post lol!! 

 

The bears have finally really come out this past weekend, the world is coming to an end blah blah blah.  I could see that if America didn't have the biggest war machine in the world to actually keep the world from melting down.  Just like every over reaction as you can see with futures we are lucky if we open down -1% this morning and a good chance we see a turn around in the end.  I sold the daily 6750 puts for $11.50 and the 6720's for $5.40 so far and am going to look for calls when we see a rally.  Going to be a fun day for sure!!! 

 

Since I didn't post and were approaching the hour, were only down -50% I'm selling the 6900 calls for $4.00

[steadyquest]

SPY / OIL backtesting

[12SPX]

Took profits on my sold daily 6750 puts for a $10.67 profit!  Is that the outlook for oil, I don't understand the chart, oil is at $71 this morning?

[12SPX]

And now as were close to 6900 I'm taking profits on them for a profit of $2.90!! 

[12SPX]

Interesting, market is down this morning on private credit news from Blackstone that their business direct fund has seen their redemption's hit 7% that are normally max 5%.  Last week there were little concerns about Blue Owl so that is interesting.  Is something brewing there is the question... Nonetheless a down we are this morning so I sold the daily 6730 puts for $10.20 so far.  Lets see how the open goes as were going to see another big gap down...

[12SPX]

Gonna be fun, going into the cash open with an average sell of $14.20 on the 6730 puts...

[12SPX]

Taking profits for $7!! 

[redfoliage2]

Added gold ETF GLD at 469.5, seeing gold to go to new highs ...............

[redfoliage2]

Dup removed

Edited by redfoliage2, 03 March 2026 - 12:43 PM.

[redfoliage2]

What a dip today as the market reacts to potential negative effects from the Middle East conflict. At this juncture Id not get too bearish. ST this market is just news driving and longer term this is likely a great dip to buy .............