Member
Posted 11 June 2026 - 01:22 PM
How exciting, another "proposed deal", selling the daily 7400 calls once again with this pop for $4.50....
You meant the pop up around 1 pm was caused by another empty promise? Then the test of the SPX 50 dma is likely deferred to tomorrow ............................
Yes another "supposed deal" kinda hard to believe anything until there really is a signed deal. I'd bet Iran comes out and says nope there was no deal....Good news is Trumps traders made a ton of money on the pop I'm sure.
Member
Posted 11 June 2026 - 01:57 PM
I think its going to get interesting so so start to sell tomorrows 7500 daily calls for $3.20
Member
Posted 11 June 2026 - 02:33 PM
On June 11, 2026, Iran publicly and vehemently denied that there is any finalized preliminary or pending memorandum of understanding (or signed text) with the United States.
Member
Posted 11 June 2026 - 03:01 PM
I noticed that ES did hit its 50 dma yesterday evening and then the bounce started from there, I don't know if the successful test of the 50 dma support in ES is valid for SPX. Let's leave the judgement to Mr. Market .............................
Money came back into the stocks today, I see Mr. Market (market participants) decided the recent pullback was done ............................
Edited by redfoliage2, 11 June 2026 - 03:10 PM.
Member
Posted 11 June 2026 - 03:18 PM
I noticed that ES did hit its 50 dma yesterday evening and then the bounce started from there, I don't know if the successful test of the 50 dma support in ES is valid for SPX. Let's leave the judgement to Mr. Market .............................
Money came back into the stocks today, I see Mr. Market (market participants) decided the recent pullback was done. Semi sector leading the comeback, e.g. SOXX up 8%, AMD up 8%, MU up 11%, INTC up almost 10% ...........................
Member
Posted 12 June 2026 - 07:58 AM
So interesting that calls are holding such rich premium this morning in hopes of a huge up move this move. At the same time I just sold the daily 7290 puts for $4.50. Likely be a mostly flat day until the spacex ipo hits but not likely to move the SP500 very much, guess we'll see
Member
Posted 12 June 2026 - 08:32 AM
I find it so weird that CNBC shows the Cboe opening now every day, is it the peak of option trading lol!! I'll sell you an option anytime.....
Member
Posted 12 June 2026 - 08:46 AM
Guess Trumps went short on the market, it just turned negative with comments about Iran getting it together lol!!
Member
Posted 12 June 2026 - 08:51 AM
Average sell on the daily 7290 puts are now $6.40 lol!! Let volatility reign...
Member
Posted 12 June 2026 - 10:02 AM
These call prices are insane, I keep looking and can't believe these premiums with now 5 hours left to expiration. Buying back my sold 7290 puts for a profit of $5.55 as the close could be questionable going into the weekend....
