75 replies to this topic

[12SPX]

Guess the strait is open again so that whopping 5% of world oil can get out again lol!! 

[12SPX]

This is going to be an exciting day even with a possible average side short if needed going into the weekend.  Selling the 7150 calls for $14.20

[12SPX]

What I find most interesting is that this is the biggest recovery since 1982.  The difference is that 1982 was after a 15 year bear market and a chart I just saw is showing this same type of recovery from March 2000 and then we were back to volatility.  I need to learn how to do charts but saw it on X by Jason Geophert.

[12SPX]

There we are pulling back however my sold 7150 calls are nicely profitable but still stacked with premium so think I'll hang onto them even if they do get assigned with only 45 minutes to the close.  It's gotta drop way more for me to take profits

[12SPX]

And boom, going into the weekend with an average short of 7118.  For the week I was down -$28.30 in premium but sure I'll make that up in the end....

[12SPX]

And of course it goes on just as I suspected, all you have to do is read their constitution and you realize why it won't stop just yet, or at least until the next tweet.  Anyhow I am profit stopping my short now at 7115!!!